KfW IPEX-Bank to finance 123MW PV project in Chile

KfW IPEX-Bank is financing the construction and operation of the 123MW Granja PV park, located in Chile's Atacama Desert. The total investment in the project will stand at approximately US$114 million, with KfW IPEX-Bank providing a long-term loan of up to US$91 million and the related interest hedging.

Telangana, India

A partnership between Spain-based solar firm Solarpack and US company Think Energy Partners is set to develop six PV projects totaling 100MW of capacity in the Indian state of Telangana.