The Environmental Assessment Commission of Chile"s Magallanes Region has unanimously approved the Environmental Qualification Resolution (RCA) for the Faro del Sur wind farm, a flagship renewable energy project promoted by HIF Global.
The decision marks a significant milestone for renewable energy deployment in the country"s southernmost region and for the development of the green hydrogen and e-fuels industry.
Located in the Cabo Negro area, the project represents an investment of close to USD 500 million and includes the installation of 62 state-of-the-art wind turbines, delivering a total installed capacity of 372 MW.
Due to its scale, Faro del Sur will rank among the largest wind power developments in the Magallanes Region, specifically designed to supply clean electricity for energy-intensive industrial processes.
Electricity generated by the wind farm will be transmitted through an underground power line of approximately 12 kilometres, enabling the evacuation of renewable energy to nearby industrial facilities.
A key off-taker will be the future Cabo Negro e-fuels plant, also developed by HIF Global, which plans to produce e-methanol and other carbon-neutral fuels using wind power and complementary renewable energy sources.
Regional authorities highlighted that the environmental approval provides regulatory and environmental certainty, while supporting a productive model that delivers higher local value creation, job generation and a direct contribution to diversifying Magallanes" energy matrix.
Faro del Sur will feature next-generation, three-blade wind turbines engineered to efficiently harness the region"s strong and persistent winds.
Together with its associated infrastructure, the project is set to become a benchmark for large-scale renewable energy development in southern Chile.
The wind farm is part of a rapidly expanding ecosystem linked to green hydrogen and its derivatives, an area in which Magallanes has emerged as a strategic hub thanks to its exceptional wind resources and its potential to develop integrated e-fuels value chains.
The unanimous approval sends a positive signal to international investors regarding the robustness of Chile"s regulatory framework for clean energy projects, at a time when multiple initiatives are seeking to move from environmental permitting into construction.
Industry experts note that projects such as Faro del Sur not only support emissions reduction and energy diversification, but also strengthen Chile"s positioning as a future exporter of renewable energy and low-carbon fuels one of the central pillars of the country"s long-term energy and climate strategy.