Chile to auction areas for wind energy and solar power
Chile is set to auction off vast new areas of land for anyone who will use the space to develop solar power or wind energy projects. Chile has a fast growing renewable energy sector, setting a target that 20 percent of its energy will be renewable by 2025. The Chilean Ministry of National Assets made the announcement Monday that 1,095 acres (443 hectares) of state-owned land in the Antogafasta and Atacama regions in the country’s northern coast will be auctioned off for the development of wind, photovoltaic and concentrated solar power projects. The land will be divided into six areas and concession contracts will be granted for 30 years. According to the ministry, the projects are meant “to ensure a diversified, balanced energy matrix and that gives the country greater levels of sovereig…