(i) Name of the GCF-funded project:
Espejo de Tarapacá
(ii) Brief description of the activities funded by the GCF;
The Espejo de Tarapacá Project (“the Project") is an innovative and unique large scale power project which combines Chile's natural resources with proven generation technology in order to provide clean renewable energy supply 24 hours a day, seven days a week. The Project is comprised of two commercially integrated power plants: a 300 MW pumped storage hydroelectric plant using the Pacific Ocean as its lower reservoir and an existing natural concavity as its upper reservoir, and a 561 MW-AC photovoltaic solar plant.
(iii) Amount of GCF funding provided;
USD60million
(iv) Date of internal approval of the project
April 19th, 2019
(v) Procurement activity
| Name of the project | Espejo de Tarapaca (FP115) |
|---|---|
| Amount of contract | US$ 750,000 - 1,000,000 |
| Name of contractor | AC Perforaciones S.A. |
| Date of contract award | August 5th, 2020 |
(Disclaimer) Please note that translated documents are for your reference only. In the event of inconsistency and discrepancy, the original document shall prevail.