SANTIAGO – Fernando Fischmann, founder and CEO of Crystal Lagoons Corp, an energy-efficient swimming pool company, presented at the World Future Energy Summit (WFES) about sustainable cooling methods. In a day and age where global warming presents great challenges, Crystal Lagoons plays an important role. Their new type of cooling eliminates a large amount of [...]
COYAHIQUE- The Court of Appeal in Coyahique has rejected a bid by energy company Energía Austral to have an injunction against them. The stay-of-action order was declared on January 9th and has stalled the Environmental Evaluation Committee vote on the Rio Cuero project. The injunction was brought before the court by representatives from across the [...]
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SANTIAGO — On Jan. 17, President Sebastián Piñera announced that Chile’s ever-growing economy and vast urbanization are creating strains on energy production. Currently, Chile experiences a 6-7 percent increase in energy demand yearly. Meanwhile, energy supplies are not keeping up. The country is working to move away from reliance on fossil fuels, gas, oil and [...]
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SANTIAGO — The debate about the $10 billion HidroAysén dams is far from complete. For about a year, Energía Austral, which is carrying out the HidroAysén project, has been planning to build three hydroelectric dams (Cuervo, Blanco and Cóndor) in the Aysén region of Chile’s Patagonia. Currently their business interests conflict with “Right to Life” interests of the Aysén people. The building of the [...]
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SANTIAGO – President Piñera has publicly outlined the next twenty years of Chilean energy policy as one that centers on “cleaner, safer, more cost-effective energy that meets the increasing demands of our country”. Accompanied by his Minister of Energy, Rodrigo Álvarez, Piñera attended the 2012 Annual Energy Dinner where he announced the way in which he intends to [...]
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SANTIAGO- While the Dakar Rally today left Chile, a different type of race was launched in Santiago. November 2012 will bring the second Atacama Solar Challenge. The first edition of the event was held in October 2011, being won by Chilean team Antakari. The race brings together teams from across South America, using the strong solar [...]
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ARICA — According to the Minister for Energy Rodrigo Alvarez, an electricity failure in central Tarapacá is behind the electricity shortages in the far north of Chile. Accompanying Regional Governor Luz Ebensperguer, the Minister announced that power shortages could be expected in the region until March 2012. The electricity rationing is expected to occur between 12 [...]
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Veteran Chilean Mining and Business Executives Bring Significant Expertise and Leadership SANTIAGO, Chile Oct. 28, 2011 /PRNewswire/ — Li3 Energy, Inc., (OTCBB: LIEG) (“Li3″, “Li3 Energy” or the “Company”), a US-listed and South American based global exploration and development company in the lithium and minerals sector, is pleased to announce that it has appointed three senior mining [...]
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by Katie Bolin The blackout that affected more than 10 million people in Coquimbo, Valparaiso, O’Higgins, Maule and Santiago on Saturday, Sept. 24 is currently under investigation. The Minister of Energy, Rodrigo Álvarez, said that measures are already underway to hand out fines to those who are responsible for the blackout that began at 8:30 [...]
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GeoPark Holdings Limited (GeoPark), the Latin American oil and gas explorer and producer, has announced in a press release on Monday that Korean LG International Corporation (LGI) will acquire an additional 10% interest in Geopark’s Chilean business for US$78 million. by Carolina Leseigneur In 2010, GeoPark and LGI entered into a strategic partnership to acquire [...]
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