Developers paid $8m for the 30-year concessions that include 70 solar projects and six wind farms.

President Michelle Bachelet’s center-left government wants to obtain 20% of the country’s power supply from renewable resources by 2025 versus 9% at present.

The Energy Ministry this month said Chile now has 1.71GW of renewable energy generation capacity with wind 40% of that amount, biomass 26%, small-scale hydro 20%, solar 12% and the rest biogas.

This