On October 14th, 2013, Chilean President Sebastian Piñera
signed into law a bill which mandates that utilities source 20% of their
electricity from “non-conventional” renewable energy (ERNC), including solar
photovoltaic (PV) and concentrating solar power (CSP), by 2025.
The law will create annual bidding processes for utilities to purchase
electricity from ERNC sources. The president additionally signed a law making
changes to the permitting process, which promises to reduce estimated
permitting time from 700 to 150 days.