Etrion announces 5MW Chilean PV project

Facebook
Twitter
LinkedIn
Reddit
Email

Canadian solar power producer Etrion has opened an office in Santiago, Chile, the company has announced. The company is trying to break into the Chilean market and is currently in negotiations for a power purchase agreement (PPA) for the construction of a 5MW PV project in Chile. Etrion is expecting to sign more PPAs for possible PV projects throughout the year.

Interest in Chile's potential as a solar market has increased recently. The country has a high solar irradiance, especially in the north and wholesale prices for electricity are high. The country does not yet have a feed-in tariff scheme but mining companies are willing to fund PV projects because solar energy offers a more reliable energy source. Etrion currently has a portfolio of 60MW of PV plants in Italy.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Marco A. Northland, Etrion’s CEO, commented: “I am very pleased with the progress we are making in Chile. Projects we are discussing with potential clients are at grid parity, which is very exciting news for our industry. We are also pleased to confirm access to long-term financing in Chile at competitive terms. There is still a lot of work to do however Chile is a sustainable market which we can develop without being at the mercy of subsidy changes. Long-term cost reduction trends in solar should enable Etrion to become ever more competitive with other sources of energy. If we are at grid parity today, we should be in better position tomorrow.”

Read Next

May 21, 2025
US PV module manufacturer Silfab Solar has acquired a patent portfolio for back-contact (BC) solar cells from solar research firm EnPV.
May 21, 2025
The US International Trade Commission has voted unanimously to impose AD/CVD tariffs on solar cells from Southeast Asia.
May 21, 2025
Installation of the anchoring system for what has been badged the world’s first floating offshore solar-wind project has been completed.
May 21, 2025
The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile.
May 21, 2025
A key Chinese supplier to US tracker manufacturer Nextracker is to list on the Beijing Stock Exchange.
May 21, 2025
PPAs and VPPAs are an imperfect but effective tool, according to speakers at the 2025 Renewables Procurement & Revenue Summit.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia