Chile – Self-Supply Renewable Energy (SSRE) NAMA

Latest Updates:

  • A market study on heat pumps, the first of its kind, was conducted, including a price index and a list of suppliers. (Available on the Ministry of Energy's website.)
  • The price index for PV (including panels, inverters, installation), was updated and is available on the Ministry of Energy’s website.
  • Contracts between KfW, Ministry of Finance and CORFO have been signed. The FC will start operations in 2020.

(As of January 2020)


In Chile, the NAMA aims to reduce greenhouse gas emissions by fostering renewable energy systems in small- and medium-sized businesses. It will therefore contribute to increased energy security, improved quality of energy services at lower costs and the creation of new job opportunities.

The project has been developed to remove barriers and incentivise the incorporation of decentralised renewable energy systems in private and public infrastructure in the short term. To counter the lack of incentives and experience in financing these energy systems among project investors and financial institutions, the NAMA Support Project will provide co-financing for feasibility studies for investment grants to establish these systems, as well as for training and advisory services to improve the financial sector’s understanding of such systems. Furthermore, a guarantee fund will be set up in order to support the provision of loans by financial institutions.

In view of a lack of awareness, capacities and experience among potential users as well as service and technology providers, the NAMA Support Project will also raise awareness and build local capacities by conducting training and workshops for stakeholders in the private and public sectors, by providing technical support through a technical help desk, by supporting knowledge exchange, and by supporting the development of a greenhouse gas inventory for the small-scale energy sector.

It is estimated that this project could directly reduce emissions by 1.5 million tons CO2e.

Partner MinistriesMinistry of Energy
NAMA Support OrganisationDeutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH; KfW Development Bank
Implementing PartnersMinistry of Environment; Economic Development Agency (CORFO); Ministry of Energy
Funding Volume ProvidedEUR 18 million
Project Duration2015 –2024
Call1st Call

More Projects