Chile Looks to Renewables as Its Grid Falters
April 09, 2012 at 09:00 AM EDT
In May 2011 Carlos Slim, the Mexican business magnate, predicted that Chile will be the first Latin American nation to attain the status of a developed country. Chile's GDP per capita of US$15,400 in 2010 puts it far ahead of most of its neighbours and with economic growth for 2011 slated at 6.5 percent, the country would appear to be well on course to achieve Slim's forecast.