Projects Chile

Licancura

This concession is located in the Chilean Highlands at 4,300 meters. The area potentially holds 300 MWe in geothermal resources.
  • Approximately 20,000 hectares
  • Area mainly highland tundra and desert (Altiplano)
  • Elevation between 3,700 - 5,000 meters
Licancura
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Concession Licancura – Closest airport city: Lquique

  • Located in the Arica, Parinacota and Tarapaca region
  • Approximately 27,000 hectares
  • Area mainly highland tundra and desert (Altiplano)
  • Elevation between 3,700 - 5,000 meters
  • Hot-springs found with temperatures ranging from 50°C up to 60°C


 



Transmark Renewables considers Chile a key market due to the following key characteristics:
 

Strong geological potential

  • Chile is located on the ring of fire with an estimated geothermal resource potential over 16,000 MWe

Good foreign investor climate

  • Chile has one of the most open economies of Latin America, a competitive energy market and a solid banking system

Favourable regulatory framework

  • Law No. 19,657 provides a favourable framework for the exploration and development of geothermal energy