Fundación Chile has signed an important partnership with ValhallaEnergy for the development of a 300 MW pumped storage power plant. The Espejo de Tarapacá project would be located 100 km south of Iquique (Chile) and would use solar power to fuel the pumps and seawater. It would be the first pumped-storage plant in Chile. Investment is estimated at US$330m, including the transmission line (connection to the SING grid).

- See more at: http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/300-mw-pumped-storage-power-project-announced-chile_23327.html#sthash.0LaZk3G4.dpuf

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