Daelim acquires 105 MW Chilean solar project from Grenergy
Daelim Energy announced that it acquired the right for a solar power project in Chile from Grenergy, a Spanish energy firm. Total project cost is about USD180 million. It is planning to invest about USD50 million directly and procure the rest through project financing.
The project will operate a total of 105 MW solar power plants and will build 12 solar power plants with a 9 MW or lower level in northern and central Chile. Starting with two businesses this year, it is going to start construction sequentially and start commercial operations in March 2019. All 12 projects will be completed by March 2020. Daelim Energy will operate for 25 years after commercial operation to secure profits.
Country updates
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November 30, 2018
Coquimbo government gives environmental green light to 9 MW solar project
Chile's Coquimbo government announced that it has approved the environmental impact statement for a 9-MW photovoltaic (PV) project by Bronte SpA. The Gabriela Photovoltaic Park, as it is named, w...
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November 29, 2018
DISA Group completes acquisition of 6 MW solar PV projects in Chile
DISA has acquired two photovoltaic plants in Chile that add 6 MW of power. The new photovoltaic installations are located in the Atacama desert, an area of high solar and cold radiation, optimal con...
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November 27, 2018
Cox Energy to build 308 solar PV complex in Chile
Cox Energy has obtained authorization from the Environmental Assessment Service to install a new photovoltaic solar plant in Chile of 308 megawatts and whose investment will amount to EUR240 million (...
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October 25, 2018
CVE Chile agrees to acquire four solar 45 MWp of PV projects from Spanish co Solarpack
CVE Chile, a subsidiary of CVE Group, has signed a deal with the Solarpack for the acquisition of four solar projects under development, each with a generating capacity of 9 MW, for USD45 million.&nbs...
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October 19, 2018
210 MW solar complex achieves financial close
EIG Global Energy Partners and its portfolio company Cerro Dominador have achieved a financial close on the funding of the final stage of construction for its 210 MW combined photovoltaic and concentr...
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