Statkraft to build 51.6 MW Los Lagos hydropower plant in Chile

  • 1 year, 5 months ago (2019-06-14)
  • David Flin
Hydropower 35 Latin America 39

Statkraft has announced that it will start construction of the 51.6 MW Los Lagos hydropower plant in Chile in August 2019. Completion of the $204 million plant is scheduled for the second half of 2022. The plant will have an annual production of 260 GWh.

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The contract for the civil works has been awarded to a local consortium consisting of three construction companies: Brotec, Valko, and OBChile. The electro- and hydromechanical equipment will be supplied by Voith from its facilities in Brazil.

Los Lagos will be located on the Pilmaiquen River, about 900 km south of the capital Santiago. The site is close to the city of Osorno.

Jurgen Tzschoppe, Executive Vice President for International Power for Statkraft, said: “Chile is an attractive market for Statkraft, with an increasing demand for renewable energy and several opportunities for developing hydro, wind, and solar. In line with our strategy, we are working to build in Chile. We want to capitalise on our combined expertise in power generation and market operations to best serve the market and provide energy to large industrial customers in the country.”

Statkraft said that it is assessing wind and solar opportunities in Chile and evaluating possibilities for bidding in future renewable energy auctions.