Ardian Infrastructure has made its debut in the Latin American solar market in the US$31 million acquisition of four PV plants in Chile and Peru from Spanish EPC Solarpack.
Chile’s solar PV installations reached 1,267MW at the end of June this year, up 50MW from the previous month, according to the latest figures from Chilean renewable energy research institute (CIFES).
The Chilean Congress has passed a major law on electricity transmission, which will help the development of both renewable and non-renewable energy projects.
Solar power firms and some wind developers are experiencing curtailment of their energy production in the north central regions of Chile, but this will have been accounted for in their business plans, according to a major industry representative.
Chilean utility Colbún has signed a 15-year power purchase agreement (PPA) with French energy giant Total and SunPower for the energy produced from a 164MW solar PV plant in Chile.
PV industry leader JinkoSolar announced that it has supplied 122MW worth of modules to Pattern Energy for its Conejo solar plant in Chile. Pattern Energy, a US-based independent power producer, will also become the owner of the project.
