Chinese PV company Sky Solar is planning to invest in a 300MW PV project in Chile, according to a report by Reuters. Sky Solar, in collaboration with Chilean Sigdo Koppers and the Chinese Development Bank, has announced the signing of an agreement on Tuesday, under which Sky Solar is looking to invest US$900 million to construct the 300MW solar power park over three years.
The announcement comes as the Chinese Prime Minister Wen Jiabao is on a visit to Latin America and the Chilean government has advised plans to add 8,000MW of capacity to the Chilean national grid by 2020.
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