Don Pedro, Monte Patria, Coquimbo

Verano Capital now begins works on its newest project, Don Pedro, a 9MW PV solar project located in Monte Patria, Coquimbo, Chile. The RTB project recently initiated initial site works and construction officially began.  

100 MW

We are celebrating !!! We have reached 100 MW of constructed solar projects in Chile. Congratulations Team!

Guanaco Solar I 3MW, Padre Hurtado

Verano Capital already begins works on its newest project, Guanaco Solar 1, a 3MW PV solar project located in Padre Hurtado, Región Metropolitana. The RTB project recently initiated initial site works. Go Team!

Filomena Solar 3MW PV, San Felipe, Chile

Verano Capital now begins works on its newest project, Filomena Solar, a 3MW PV solar project located in San Felipe, Valparaíso. The RTB project recently initiated initial site works and construction officially begins next week.  

The Solar Future Colombia Conference

Dylan Rudney, our CEO and Simon Harb, our Country Manager, visiting the Solar Conference taking place in Colombia. Verano has a growing portfolio of renewable energy projects in the market and it looks to continue expanding. The workshop combines seamless with the conference, that presents a unique opportunity to position your organization towards 120+ stakeholders, […]

Verano Capital termina en Chile la construcción de la planta Litre, de 10,7 MW

El desarrollador de proyectos estadounidense con sede en Chile Verano Capital ha anunciado en su portal de Linkedin la finalización “mecánica” de la planta de 10,7 MW Litre, ubicada en la región Metropolitana. Verano Capital comenzó la construcción del proyecto en la segunda semana de septiembre de 2019, y solo 5 meses después ha completado […]

Argentina: three new Ronda 2 contracts signed for 300 MW

Yesterday, business shareholders of the solar projects La Pirka, Ullum X and Verano Capital Solar One celebrated their respective power supply agreements. Now, there are 68 signed Ronda 2 contracts, for a total of 1,608 MW. Yesterday morning the Latin American Energy and Summer Capital companies signed contracts for energy supply (PPA, for its acronym […]

$25.38/MWh bid sets new record low for 24/7 block mixing wind and solar at Chile Tender

Santiago, November 08, 2017. Verano Capital, an American project developer headquartered in Santiago, announced today that the 47 MW solar project they initially developed was selected in Chile’s latest energy tender with a winning bid at $25.38/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the history of energy tenders. The […]

Verano Capital Sponsors A New Make-A-Wish Event

With two big dreams in their pocket, Verano Capital and the Make-A-Wish Foundation of Chile decided to join forces again for another event. This time it was for Escarlet, who lived the dream of his Quinceañera on December 9, 2017. Verano plans to continue to support Make-A-Wish for future events to fulfill the wishes of […]

Small-scale solar heating up in Chile

The market for large-scale photovoltaic solar projects in Chile has largely cooled off, at least for the moment. A glut of installed PV capacity in the Atacama desert, combined with tepid projections for power demand growth, have created an ultra-competitive buyer’s market in which long-term PPAs – now considered the only viable option for financing […]

Verano Capital has Two New Solar Plants Under Construction

Verano Capital is pleased to announce that Homero and Santuario Solar plants are under construction near the city of Mostazal in Chile’s Sixth Region, and in Los Andes in the Fifth Region, respectively. The plants will have an installed capacity of 3.4MW each with an estimated investment of $3.8MM, each and will supply electricity to […]

Verano Capital Sponsors Another Make-A-Wish Event

After the great success of fulfilling Cristián’s dream last year, Verano Capital and Make-A-Wish Foundation of Chile decided to join forces for another event. This time it was for Nicholás, who lived the magic of the world of Harry Potter. Lymphoblastic leukemia doesn’t allow him to continue with his daily routine, but on Saturday April […]

Verano Capital Sponsors Make-A-Wish Event

Verano Capital and Make-A-Wish Foundation of Chile joined forces to make 4-year-old Cristián Albornoz’s wish come true. On Saturday, March 19th, Cristián was given a hologram concert of Michael Jackson and received gifts. He was then surprised with a private concert from a real Michael Jackson impersonator. Verano plans on continuing to support Make-A-Wish for […]

Verano Capital ingresa a tramitación cuatro plantas solares

Verano Capital ingresa a tramitación cuatro plantas solares La compañía está apostando fuerte por la instalación de proyectos fotovoltaicos cerca de Santiago. Antonia Eyzaguirre Economía y Negocios El Mercurio Cuatro proyectos solares que suman una inversión de US$ 212 millones y una capacidad de 107,9 MW ingresó recientemente Verano Capital al Sistema de Evaluación Ambiental. […]

Verano is interviewed by El Mercurio

Verano Capital prevé instalar 400 MW de energía solar e invertir en minihidro El plan es a cinco años, y la empresa ya ha desarrollado proyectos por 156 MW La compañía ha apostado por impulsar proyectos cerca de Santiago , pues la proximidad con los centros de consumo disminuye el riesgo de la inversión y […]

Verano’s sale of a 47MW project reaches the press again

Chile’s renewable energy developer Verano Capital sold its 40MW Punta del Viento photovoltaic solar project in Chile to Fotowatio Renewable Ventures (FRV).The companies will co-develop the project, which is located about 500m from the Punta Colorada substation in Coquimbo region (IV), Verano managing partner Dylan Rudney told BNamericas. Read the full article here: Verano sells […]

Forecasted drop in Spot Prices no concern for Verano Capital

Chilean energy consultancy Systep’s latest report claims that spot prices are forecasted to drop due to the magnitude of renewable energy projects in the pipeline and mining development delays. Read the developers take on the situation, including our very own Managing Partner, Dylan Rudney. Reports by BN Americas included in both English and Spanish below. […]

Verano Capital announces construction of first solar plant

Verano Capital is pleased to announce its first solar plant will be constructed in valle del Elqui in Chile. The plant will have installed capacity of 2.9MW requiring 11,000 solar panels with a $5.8MM investment. The plant is projected to be connected to and providing energy to the grid by July 2014. For more information […]

Verano Capital submits environmental study for a 46.8MW solar park

Verano Capital is excited to announce the submission of the environmental study for a 46.8 MW solar park in Punta Colorada. The construction cost for this park is $96mm USD. For more details about the park and study, please see link below:

BN Americas interviews President of Verano Capital, Dylan Rudney

In a recent interview with BN Americas, Dylan Rudney explains the attractiveness of the solar industry in Chile, and Verano’s current operations in the country. Mr. Rudney states “Chile is the most stable, fastest growing economy, but more than anything it’s the energy matrix. Chile is like an island, and there is no gas and […]

Verano gains momentum through continued coverage in the Chilean press

A recent article in Diario El Día, highlights Verano’s work in El Valle del Elquí, following the previous article in the press. The article states that Verano will develop 9 MW in the region which will include 29,800 photovoltaic panels. Verano is also developing another 3 MW site in Punta Colorado. For more information about […]

Verano Capital makes the news with 9 MW in the Northern SIC

Verano Capital makes the news with 9 MW in the Northern SIC. The three sites will inject clean energy into the national grid. “Vicuña, for us, is a solar paradise, a real discovery, it is a perfect place to do this kind of project. Our studies conclude that this is a ideal location to develop […]

Verano Capital Acquires 1,000 Hectare Solar Site in Northern Chile

Verano Capital is expanding its portfolio with the recent acquisition of a 1,000 hectare site. This site is located in the northern section of the SIC electricity grid, and Verano holds the mining rights for over 550 hectares of the site. The new terrain boasts some of the highest solar radiation in Chile. Verano expects […]

Foreign Investment in Chile Soars in 2012

Chile experienced record breaking Foreign Direct Investment (FDI) in 2012. The substantial US$26.4 billion inflow in 2012, shows that Chile remains one of international investor’s favorite locations in Latin America. This figure represents a 52.7 percent increase over 2011, and places Chile at number 7 for highest FDI growth rate in the world, and the […]

Renewable Energy output in Chile grows by 75%

Energy generated from Non-Conventional Renewables  in Chile increased 75% over 2011, according the Acerca, the countries renewable energies association. The association’s 2013 work plan will focus on reducing barriers to entry for renewables in the country.