The Chilean arm of system integrator, Soventix, is planning a 50MW PV project, Cachyuyo, in the Latin American country's Atacama region.
The project will span 100ha and will require an investment of around US$73 million, according to an environmental impact assessment document submitted by Soventix to Chilean authorities.
According to the document, the project would inject power into Chile's SIC grid, contributing to Chile's objective of weaning itself off expensive fossil fuel imports.
The expected completion date for the project slated by Soventix is October this year, assuming the project is approved.
Chile has become one of the world's fastest developing solar markets, with the combination of strong solar resources and high power prices making PV a competitive source of electricity without the need for subsidy.