Engie to develop 400MW solar pipeline in Chile

Engie to develop 400MW solar pipeline in Chile

Engie Energia Chile SA (EECL), owned by France’s Engie (EPA:ENGI) and Solairedirect Chile Ltda have agreed to jointly develop a solar power project of 400MW in Chile.

The two firms have agreed to work on photovoltaic (PV) projects in the northern and central regions of Chile for one year.

Solairedirect, also a subsidiary of Engie, have partnered with EECL to file a joint offer for the 83MWp Capricornio PV project.

The Capricornio project, located in the Antofagasta region was not chosen in the tender which achieved the lowest price ever for solar energy.

Engie Energia Chile, formerly known as E.CL S.A, heads a fossil-fuel dominated generation portfolio committed to supply electric power to industrial clients and mining companies in Chile’s Great North.

Solairedirect set up operations in Chile in 2010, and established its first solar park in Andacallo in December 2013.

It most recently won a 23MW PV project at a tender in Mexico.

Engie already operates two solar power installations in Chile through its subsidiary companies and is currently building a third project for a total of 55.3MW.

The company also has 21MW installations in Panama where its subsidiaries Tractebel Energia and Solairedirect won a 230MW bid in November 2015 and Solairedirect won a 40MW solar project in Peru in March.

@RGNOnline