In Latin America, Chile has grown into the region’s leading solar market. It has 400 megawatts (MW) of solar photovoltaic (PV) generation under construction – more than any other nation in the region. For comparison 400MW is nearly half the capacity of an average nuclear reactor. Unlike wealthier nations, Chile is building large solar projects without subsidies, and is breaking ground with new business models. The nation is also building a number of landmark solar thermal projects, which may pave the way for broader deployment in Latin America.
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