Spanish energy company Ibereolica plans to build the largest solar energy park in Chile and submitted its $2.6 billion project to the environmental authorities for approval.

Chile faces a growing demand for energy and is looking to incorporate non-conventional renewable energy sources into its hydro and thermal generation matrix.

Ibereolica said Tuesday it plans to build the 360 MW park in the Tocopilla municipality in the middle of the Atacama desert in northern Chile.

The project will supply energy to the northern SING grid, which feeds most of Chile's energy intensive copper industry.