星期日, 13 7 月, 2025
Home PV News Solarpack's 123-MW PV park starts producing power in Chile

Solarpack’s 123-MW PV park starts producing power in Chile

The 123-MW Granja solar photovoltaic (PV) farm has started injecting electricity into the Chilean grid on March 2, its owner Spain’s Solarpack Corporacion Tecnologica SA (BME:SPK) announced today.

The project involved an investment of more than USD 110 million (EUR 96.3m), with long-term non-recourse financing of up to USD 91 million provided by Germany’s KfW IPEX-Bank GmbH.

The Granja solar farm is located in the middle of the Atacama Desert in the Chilean region of Tarapaca. The facility’s output will be sold to Chilean distribution companies under long-term power purchase agreements (PPAs), which were awarded to Solarpack in a power supply tender in 2015.

Granja has been connected ten months ahead of January 1, 2021, the date the PPAs were slated to enter into force, the Spanish solar company said.

With the new solar farm online, Solarpack reaches 181 MW of total operating capacity in Chile.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

India will add 8,500 MWh of storage within the next two years

India Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday that 3,300 MW of Battery Energy Storage System (BESS) projects are in the pipeline...

Coal giant snaps up solar thermal project in landmark deal for long duration storage technology

AGL, Australia’s biggest coal generator, has snapped up a newly approved solar thermal project in South Australia, adding to its options for long duration...

Al Kharsaah: A Pioneering Solar Power Plant in Qatar

Located 80 km west of Qatar's capital, Doha, the Al Kharsaah Solar PV Independent Power Producer (IPP) project is the country's first large-scale solar...

OMV Petrom Buys 50 Pct Stake in Gabare Solar Project

OMV Petrom S.A. has acquired a 50 percent stake in the Gabare solar project from Enery Element, a large-scale project in Byala Slatina, near...