Concession Licancura – Closest airport city: Lquique
- Located in the Arica, Parinacota and Tarapaca region
- Approximately 27,000 hectares
- Area mainly highland tundra and desert (Altiplano)
- Elevation between 3,700 - 5,000 meters
- Hot-springs found with temperatures ranging from 50°C up to 60°C
Transmark Renewables considers Chile a key market due to the following key characteristics:
Strong geological potential
- Chile is located on the ring of fire with an estimated geothermal resource potential over 16,000 MWe
Good foreign investor climate
- Chile has one of the most open economies of Latin America, a competitive energy market and a solid banking system
Favourable regulatory framework
- Law No. 19,657 provides a favourable framework for the exploration and development of geothermal energy
