US-based PV panel manufacturer First Solar confirmed that it has applied to build a PV plant in Chile – reported to be one of the largest projects ever built in South America.
According to the Renewable Energy Center (CER) at Chile’s Energy Ministry, the Parque Sol del Desierto project will have a capacity of 370MW and will require an investment of US$823 million.
The plant, will be located in the Antofagasta region of the country, is part of a growing solar portfolio within the South American country. As of last month, solar energy accounted for 11% of Chile’s total renewable energy mix – which currently stands at 1,710MW. Wind energy still stands as the largest renewable energy source in the country at 40% (682MW).
Over 758MW of renewable energy generation is currently under construction in Chile, with other 440MW generating from solar power.
First Solar could not confirm to PV Tech that figures on the size and cost of the project quoted by the Chilean authorities were accurate.