Chile Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Renewable Energy Market in Chile is Segmented by Type (Hydropower, Solar, Wind, and Others). For each segment, the market sizing and forecasts have been done on the installed capacity (GW).

Chile Renewable Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Chile Renewable Energy Market Size

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Chile Renewable Energy Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 9.00 %
Market Concentration Low

Major Players

Chile Renewable Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Chile Renewable Energy Market Analysis

The Chile Renewable Energy Market is expected to register a CAGR of greater than 9% during the forecast period.

The market was negatively impacted by COVID-19. Presently the market has now reached pre-pandemic levels.

  • During the last decade, the government has started emphasizing ways to capitalize on other domestic resources, namely strong coastal winds, strong solar irradiation, and tectonic plate conditions that have made geothermal power generation viable in some areas. Additionally, the declining cost of solar modules and wind turbines is expected to drive the market.
  • However, technological limitation such as strong dependence on prevailing weather conditions is likely to restrain the market's growth over the forecast period.
  • The government's effort to reduce carbon emissions by shutting down thermal power generation sources and increasing renewable generation is likely to provide an opportunity for market growth.

Chile Renewable Energy Industry Overview

The Chile Renewable Energy Market is fragmented. The key players in this market (not in particular order) include Acciona, S.A., JinkoSolar Holding Co., Ltd., Trina Solar Limited, Enel Green Power S.p.A, and First Solar, Inc.

Chile Renewable Energy Market Leaders

  1. Acciona, S.A

  2. JinkoSolar Holding Co., Ltd.

  3. Trina Solar Limited

  4. Enel Green Power S.p.A

  5. First Solar, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
CON Chile.PNG
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Chile Renewable Energy Market News

  • September 2022: Enel Chile got authorization from the National Electric Coordinator to commence commercial operation of its Sol de Lila solar power facility, which has an installed capacity of 161 MW, through its renewable energy development company, Enel Green Power Chile. The park, located in the Atacama Desert and the Antofagasta Region, will start injecting renewable energy into the National Electric System.
  •  February 2022: Solek Group signed a framework agreement to construct solar projects in Chile with its Chilean affiliate, Solek Latam Holding. Solek will be able to develop up to 28 solar (PV) power plant projects with a combined capacity of up to 200 MW under the terms of the agreement.

Chile Renewable Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Renewable Installed Capacity and Forecast in GW, till 2027
  • 4.3 Power Generation Mix,
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Drivers
    • 4.6.2 Restraints
  • 4.7 Supply Chain Analysis
  • 4.8 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Hydropower
    • 5.1.2 Solar
    • 5.1.3 Wind
    • 5.1.4 Others

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by the Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Vestas Wind Systems A/S
    • 6.3.2 Nordex SE
    • 6.3.3 Acciona, S.A
    • 6.3.4 Mainstream Renewable Power
    • 6.3.5 JinkoSolar Holding Co., Ltd.
    • 6.3.6 Trina Solar Limited
    • 6.3.7 Enel Green Power S.p.A
    • 6.3.8 First Solar, Inc.
    • 6.3.9 STI Norland
    • 6.3.10 SunEdison, Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Chile Renewable Energy Industry Segmentation

Renewable energy comes from natural sources that replace themselves more quickly than they are used up. Examples of such sources that are continuously replenished are the sun and the wind. There are many different types of renewable energy available to us. 

 The Chile Renewable Energy Market is segmented by Types (Hydropower, Wind, Solar, and Others). By types, the market is segmented into Hydropower, Wind, Solar, and Other. For each segment, the market sizing and forecasts have been done on the installed capacity (GW).

Type Hydropower
Solar
Wind
Others
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Chile Renewable Energy Market Research FAQs

What is the current Chile Renewable Energy Market size?

The Chile Renewable Energy Market is projected to register a CAGR of greater than 9% during the forecast period (2025-2030)

Who are the key players in Chile Renewable Energy Market?

Acciona, S.A, JinkoSolar Holding Co., Ltd., Trina Solar Limited, Enel Green Power S.p.A and First Solar, Inc. are the major companies operating in the Chile Renewable Energy Market.

What years does this Chile Renewable Energy Market cover?

The report covers the Chile Renewable Energy Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Chile Renewable Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Chile Renewable Energy Industry Report

Statistics for the 2025 Chile Renewable Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chile Renewable Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.