The transaction involves a portfolio of photovoltaic assets totaling approximately 416 MW, at a price of 550 million US dollars. The operation will be completed once approval from the National Economic Prosecutor’s Office and other conditions are obtained. On July 12, 2023, Enel Chile signed a contract with the international renewable energy company Sonnedix for…
In the southernmost reaches of Latin America, the Kawésqar language, also known as Alacaluf, emerges as a linguistic gem that holds immense cultural and historical significance. Spoken by the indigenous Kawésqar people, this language has deep roots in the unique landscapes of Chile and Argentina’s southern regions. This essay aims to explore the importance of…
Gabriela Mistral, the renowned Chilean poet, educator, and diplomat, left an indelible mark on the world through her literary contributions and tireless advocacy for education. As the first Latin American woman to receive the Nobel Prize in Literature in 1945, Mistral’s work not only captured the beauty of the human experience but also emphasized the…
On June 7, 2023, the Inter-American Development Bank (IDB) approved a substantial loan to support the development of Chile’s green hydrogen industry. This strategic operation aims to decarbonize the economy and create new opportunities for productive development in the country. The loan will be utilized to finance various aspects of the industry, including projects in…
The period from March to May 2023 witnessed a rise in Chile’s national unemployment rate, reaching 8.5%. This increase marked the seventh consecutive annual rise after a prolonged period of steady decline. Analyzing these economic indicators from a broader perspective can shed light on the underlying factors and potential policy solutions to stimulate economic growth…
On Monday, July 3, 2023, the Banco Central de Chile (Chile’s Central Bank) released the May 2023 monthly index of economic activity, known as Imacec. According to preliminary information, May witnessed a 2.0% drop compared to the same month in the previous year. The seasonally adjusted series fell by 0.5% compared to the previous month…