Codelco launched the plan in 2018 when it signed a decarbonized provide contract with power firm Engie for its Chuquicamata web site, the corporate added.
Codelco, which accounts for about 9% of Chile’s power consumption, mentioned the funds will go in the direction of reaching its sustainability targets, which incorporates renewing electrical energy provide contracts with renewable power sources.
(By Fabian Cambero and Natalia Siniawski; Enhancing by Sarah Morland)