In 2023, Chile's installed power generation capacity reached 34,577 megawatts
In 2023, Chile's installed power generation capacity reached 34,577 megawatts, which is expected to increase to 41,191 megawatts this year, of which 23,204 megawatts of renewable energy capacity is expected to increase to 29,763 megawatts, and photovoltaic capacity will increase by 47.4% to 13,770 megawatts, the largest increase.
The industry believes that one of the reasons for the rapid growth of solar power generation is that small distributed power generation projects (PMG/PMGD) enjoy regulatory policy advantages, that is, power generation projects with an installed capacity of less than 9 MW can obtain a 24-hour single stable price, almost reaching the level of coal power prices, which increases the investment attractiveness of photovoltaic projects to a certain extent.
