Colbún acquires 150MW PV project in Chile from First Solar

March 27, 2018
Facebook
Twitter
LinkedIn
Reddit
Email
Hugo Vits, Director-Asset Management at First Solar; and Thomas Keller, General Manager of Colbún both signed off on the deal. Image: Colbún

Chilean power company Colbún has reached an agreement with First Solar to acquire a multitude of the PV company’s assets in Chile, including a 150MW PV project.

The Sol de Tarapacá PV project is located in the commune of Pozo Almonte in the Tarapacá Region, with Colbún set to use the installation to increase its renewable energy sources from a varied generation mix.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Thomas Keller, general manager of Colbún, said: “The acquisition of this project is in line with our strategy of incorporating solar and wind energy sources into our generation portfolio and strengthens the company's position in terms of future energy supply to our customers and the country.

“Colbún is a company that is committed to growth and opening up to new opportunities for expansion, and the agreement with First Solar is an example of this vision.”

Back in April 2016, SunEdison agreed to sell two of its PV projects in development in Chile to Colbún, with the power company acquiring the 145MW Olmué Solar Park in the region of Valparaiso and the 57MW Santa Sofia Solar Park, located in the commune of Tiltil, Metropolitan Region.

Read Next

February 25, 2026
First Solar has signed a patent licensing agreement with UK-based perovskite solar firm Oxford PV to use its technology in the US.
February 25, 2026
First Solar has announced net sales of US$1.7 billion for the fourth quarter of 2025, driving full-year sales of US$5.2 billion.
February 12, 2026
Spanish independent power producer Grenergy has closed a US$355 million senior non-recourse financing agreement for its Central Oasis solar-plus-storage platform in Chile.
February 6, 2026
Spanish independent power producer (IPP) has energised the fourth phase of its flagship solar-plus-storage project in Chile, Oasis de Atacama.
January 23, 2026
US cadmium telluride (CdTe) thin-film solar manufacturer First Solar is facing a class action lawsuit investigation into its business practices following a downgrade in its stock.
January 21, 2026
The USPTO has denied three challenges to patents held by US solar manufacturer First Solar pertaining to its production of TOPCon cells.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain