SANTIAGO – The Chilean government has awarded the Colbún power generation company the site to install the Horizonte wind farm involving an investment of US$ 971 million.
Electric power generation in Horizonte could reach 607 MW, according to estimates, turning it into the largest wind farm in Latin America.
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Horizonte sits in an almost 8 thousand hectares area where clean energy output would be enough to cover almost the entire region of Valparaiso.
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Within the framework of the Chilean Energy Policy, the share of renewable energy generation is projected to reach 60% by 2035 and 70% by 2050.