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South American Real Estate News
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Southern Chile supports tidal energy developments

Community leaders in the southern coastal city of Puerto Montt this week proposed that the nation take a serious look at harnessing the energy created by tide action along Chile’s vast Pacific Ocean coast line to meet its current and future energy needs. Leaders and a local editorial page called for construction of a bridge across the Chacao channel to the nearby island of Chiloé, to be built on top of 200 tide-powered generators. The results, they say, will be 3,000 MW of power (more than HidroAysén’s…

Torres Del Paine National Park, in southern Chile’s Patagonia, could more than double in size

CONAF, Chile’s National Forest Corporation, is currently working to expand Torres Del Paine to meet the latest UNESCO criteria, but such a move must incorporate private lands like Puerto Natales, Cerro Castillo, and the Milodon Cave. Early expeditions through the park began in 1879, though it was not formally created until 1959. Two decades later, the land became a Biosphere Reserve of the United Nations Educational, Scientific and Cultural Organization, or UNESCO. As definitions of the biosphere reserve…

Chile – Argentina Tunnel has Japanese Interest as Gateway to China

Japan also has an interest in the New Black Water Tunnel joining Chile and Argentina The powerful Japanese multinational Mitsubishi Corporation has been added to the list of interested parties to participate in the construction of the New Tunnel called Agua Negra informing the Argentine Foreign Ministry which has now ratified a number of new agreements with Japan . In his brief stay in Japan, Foreign Minister, Hector Timerman, met in Tokyo with Mikio Sasaki, one of the top executives of Mitsubishi Corporation…

Chile promotes renewable energy investment for agriculture

Chile is taking advantage of its outstanding natural resources (wind, hydro, biomass and geothermal) for renewable generation and the Chilean government is actively promoting NCRE development by supporting private initiatives. Last week the Chilean vice agriculture minister Alvaro Cruzat announced that Chile will develop non-conventional renewable energy for agriculture to sharpen the competitiveness of its forest-agriculture-livestock products. The initiative will be promoted with clear rules to facilitate…
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