Inti Pacific 2 and Etrion to boost Chile’s PV capacity with proposed projects

Facebook
Twitter
LinkedIn
Reddit
Email

Inti Pacific 2, an affiliate of Spanish renewable energy developer Nexer, is seeking approval for its proposed 54MW PV project in the Antofagasta region of northern Chile and has submitted plans to the Chilean environmental authority, Servicio de Evaluación Ambiental (SEA).

The project, called Proyecto Fotovoltaico Pacific, will be built in the town of Maria Elena, Tocopilla Province, and will be equipped with 272,160 polycrystalline silicon modules. The project, which will cover a 146.66 hectare site, will require an investment of US$108 million.

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

When complete, the project will be connected to the Northern Interconnected System (SING) grid through a purpose-built substation, located within the project area.

If approval is granted, construction will begin towards the end of December 2013. 

In related news, independent power producer Etrion Corporation is planning on making its foray into the Chilean solar market after signing a Letter of Intent with Atacama Minerals Chile to build an 8.8MW PV system for the mining company.

Under the terms of the agreement, Etrion build, own and operate the Aguas Blancas solar park and sell the electricity to the Aguas Blancas Mine located in the north of Chile. The parties expect to sign a definitive PPA by the end of March 2013.

The total project cost, including costs related to the licences, permits, development and construction, is estimated to be less than US$20 million. It will be partly funded through non-recourse project financing, with the remaining equity portion to be funded by Etrion.

Construction of the project is subject to a definitive power purchase agreement between the parties and Etrion arranging the necessary debt and equity financing in addition to a number of other conditions.

Marco A. Northland, Etrion’s Chief Executive Officer, commented:  Our focus on Chile is beginning to pay off and we are well positioned to serve the mining sector given our proven track record of building and operating 17 power plants in Europe, combined with our understanding of the Latin American region.

“This project validates our strategy to move beyond government subsidies into markets with high solar irradiation and demonstrates that solar can compete with traditional sources of electricity today. Energy is a key concern for mining companies in Chile and our solution brings a sustainable power solution into Chile’s energy mix. 2013 will be an exciting year for us as we intend to secure additional projects and increase our installed capacity.”

Read Next

September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.
September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 17, 2025
Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.
September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
Chinese module producer DAS Solar is planning a 5GW manufacturing facility focused on producing high-efficiency back contact cells.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA