BMI View: Chile has considerable potential for renewable energy – the Chilean Renewable Energy Association estimates that up to 200,000 megawatts (MW) of solar energy, 5,000MW of wind power and 16,000MW of geothermal power could be tapped. In addition, Chile’s relatively stable operating environment, political stability (even in the face of legislative and presidential elections in November) and economic good health make it an attractive market for international investors. In addition, access to finance adds to Chile’s appeal, and explains the presence of many multinational energy firms in the country. As a result, we have raised our forecasts for the …
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