SunPower, one of the world’s leading solar companies, has announced this week it has sold off the 110 megawatt Pelicano Solar Plant in Chile to leading investor Actis.
Browsing the "Chile" Tag
In Chile’s last auction for power, SolarReserve bid a world record breaking low price at just 6.3 cents per kWh ($63/MWh) for dispatchable 24-hour solar.
According to a report from Deutsche Bank, electricity generated by solar power is the cheapest in Chile now. In fact, both solar and wind power there make electricity more cheaply than fossil fuels do. Deutsche Bank Equity Research North America conducted an analysis by examining PV solar projects in Chile. The research showed solar had become the cheapest form of […]
Chile’s Ministry of Energy wants to have 19% of the country’s electricity generated by solar in 35 years. Hydro, oil, gas, and coal generate most of it currently. Wind and solar have a very small presence but are growing. Solar in particular was robust in Chile – in 2012, Chile was the most active in this field among the […]
SunEdison has announced financial closure and beginning of construction on the 110 MW Quilapilun solar power plant in Chile. SunEdison, the world’s largest renewable energy development company, revealed earlier this week that it had secured a $160 million, long-term, non-recourse debt financing arrangement with CorpBanca, one of the largest commercial banks in Chile, and DNB, […]
Yingli Green Energy (aka Yingli Solar or simply Yingli) has announced that it will be delivering 240 MW worth of solar panels to two of Latin America’s largest hybrid solar PV and CSP plants. The announcement was made last week, and concerns two projects being developed in northern Chile, each of which will be equipped with […]
Fremont, California–based solar technology startup NEXTracker has raised $25 million in equity and growth capital financing. The company makes single-axis PV trackers, which position solar panels in relation to the sun as it moves through the sky in order to increase exposure and produce more electricity. The company’s technology can also reduce installation and operation […]
The Salvador Solar Plant has been completed in the Chilean Atacama Desert. It is one of the largest merchant solar power plants in the world. It has been estimated that Salvador will generate enough electricity each year to power about 70,000 households in Chile. The project was unsubsidized, which is remarkable because solar power is […]
An 80 MW solar power plant will be built in Chile’s Antofagasta Region beginning in the first part of 2015. The Inti project is scheduled to be completed and come online about one year later. Greenwood Energy and Pacific Solar S.A. formed a partnership to construct the new plant. Greenwood will own and operate it. […]
The Spanish energy developer Abengoa has been awarded three solar power projects in Chile and it was reported for at least two of them that it appeared the company had been able to bid the projects so that they would generate electricity at a cost lower than some fossil fuel plants could – US $0.115 […]