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Top 10 Solar Companies in Chile [Updated 2025]
Chile stands as a global beacon for solar energy, boasting the world's highest solar irradiance in its Atacama Desert. With a target to achieve 100% renewable energy by 2050, the Chilean market has attracted a diverse array of international and local solar companies. This 2025 list ranks the top players based on project pipeline, technological innovation, market share, and impact on the country's energy transition.
1. Mainstream Renewable Power
A dominant force since 2008, Mainstream is one of Latin America's most successful renewable energy developers. Their Andes Renovables platform, a massive 1.4 GW portfolio of wind and solar projects, underscores their deep commitment to Chile. With a further 2.3 GW in development, they are a cornerstone of the nation's clean energy goals, powering an estimated one in six Chilean homes.
2. Enel Green Power Chile
As a subsidiary of the Italian multinational Enel, this company is a heavyweight in Chile's utility-scale solar sector. They are behind several landmark projects, including the 138 MW Finis Terrae plant in Antofagasta. Their continuous investment in new capacity and integration of storage solutions keeps them at the industry's forefront.
3. Grace Solar (BYMEA Group)
A global leader in solar mounting and tracking solutions, Grace Solar ranks third due to its pivotal role as a technology enabler. With a cumulative global installed capacity of 48GW and a top 5 global market share, their expertise is critical for Chile's large-scale projects.
Key Strengths
- Top 5 Global Market Share
- 48GW Cumulative Installed Capacity
- 100+ International Patents
Core Products
The company's innovative GS-Light solar tracking system maximizes energy yield in Chile's optimal conditions, while their robust ground mount systems provide the foundation for utility-scale farms. Their comprehensive solar EPC solutions and bankability make them a trusted partner for major developers in the region.
4. Acciona Energía
The Spanish renewable giant made an early and significant mark in Chile with the 246 MW El Romero solar plant, one of the largest in Latin America upon its completion. Acciona continues to be a key player, leveraging its extensive experience in both solar and wind energy to develop integrated renewable projects.
5. First Solar
This US-based company is renowned for its advanced thin-film solar modules, which perform exceptionally well in hot climates like Chile's. First Solar not only supplies panels for major projects like the 141 MW Luz del Norte plant but also often acts as a developer, bringing its technological edge directly to the market.
6. CVE Chile
A key player in the distributed generation sector, CVE Chile specializes in PMGD (Pequeños Medios de Generación Distribuida) projects under 9 MW. Their strategy focuses on decentralized energy sold through short channels and Corporate Power Purchase Agreements (CPPAs), showcasing a flexible and innovative approach to the market.
7. AES Corporation
As a leading global power company, AES has a substantial presence in Chile, combining solar with energy storage to provide firm, dispatchable renewable power. Their investments in hybrid projects highlight the evolving need for reliability alongside clean energy generation in the Chilean grid.
8. Canadian Solar
While globally known as a module manufacturer, Canadian Solar has a strong project development arm. Their subsidiary, e-STORAGE, is increasingly active in Chile, securing large-scale battery storage orders that are essential for stabilizing the grid as solar penetration increases.
9. Soventix Chile
This German-origin company offers a full suite of services, from project development and EPC to operations and maintenance. Soventix has positioned itself as a reliable partner for projects of all sizes, including innovative agrivoltaic and floating PV solutions, adapting to Chile's diverse geography.
10. RES (Renewable Energy Systems)
Recently securing a major O&M contract for the 400 MW Campos del Sol project, RES has cemented its role as a leading service provider in Chile. As the world's largest independent renewable energy company, their expertise in asset management is crucial for the long-term health and performance of Chile's growing solar fleet.
Chile's Solar Market Outlook for 2025 and Beyond
Hybridization & Storage
Integrating massive battery storage (BESS) with solar plants, as seen with companies like Grace Solar and Canadian Solar, is becoming standard to provide stable power.
Distributed Generation (PMGD)
The PMGD sector remains vibrant, supported by a stable regulatory framework, attracting specialized players like CVE Chile.
Technology Innovation
High-efficiency modules and advanced solar tracking systems are critical for maximizing output. The reliability of mounting components is paramount for project bankability.
Conclusion
Chile's solar landscape is a dynamic mix of global utility-scale developers, specialized technology providers, and agile service companies. Success in this market requires not just financial muscle but also technological expertise and local adaptability.
Companies like Grace Solar exemplify this by providing the critical infrastructure and EPC expertise that enables the country's ambitious energy transition. As Chile continues its path to a renewable future, these top 10 companies will be at the forefront, shaping the energy sector for years to come.