Chilean Solar Farm: Cheapest Power Project Ever Environment Science Policy Technology 

Chilean Solar Farm: Cheapest Power Project Ever

By Jonathan Trinastic @jptrinastic For a long time, Chilean president Michelle Bachelet has been looking for some sort of magic to ignite her country’s sluggish economy. The spell may finally be cast in the form of solar energy. Chilean Solar Farm Bloomberg reports that a host of electricity supply contracts decreasing the average price for customers by 40 percent have been auctioned off. Among these contracts is one deal with Solarpack Corporación Tecnológica to sell power from a 120-megawatt (MW) solar farm for only $29.10 per megawatt hour (MWh). That…

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