January 8 (Renewables Now) - Authorities of the Chilean region of Coquimbo on Tuesday approved the construction of the 9-MW Casablanca solar photovoltaic (PV) park on its territory after rubber-stamping the project’s declaration of environmental impact.
With an investment of USD 12 million (EUR 10.8m), the Casablanca project will involve the installation of 25,500 PV panels mounted on horizontal trackers in the commune of Los Vilos.
The promoter of Casablanca is CVE Proyecto Diez SpA, a project company affiliated with French independent renewable power producer (IPP) CVE, documents filed with Chilean environmental evaluation service SEA show.
Once up and running, the solar park will operate under Chile’s PMGD regime for distributed generation and as such will be entitled to remuneration at a regulated stabilised price.
The Coquimbo energy ministry said Monday the region generated close to 100% of its electricity from renewable sources all year round in 2019.
(USD 1.0 = EUR 0.899)