Element Power Chile submits study for USD 96m PV project
(ADPnews) - Nov 23, 2010 - Chilean renewable energy firm Element Power Chile submitted yesterday the environmental impact study for a new photovoltaic (PV) project, called Lagunas and estimated at USD 96 million (EUR 70.8m).
The 30 MW plant will be built in Pozo Almonte municipality in Chile's northern Tarapaca region and will consist of nearly 149,040 solar panels. It is estimated to produce 72,558 MWh a year and save annually 45,454 tonnes of carbon dioxide (CO2) emissions.
The project includes also the construction of a 220 kV line to connect the Lagunas plant to Chile's northern power grid SING.
The company projects to start building the plant in 2012.
The Lagunas project comes in addition to Element Power's USD 288 million project for the construction of a 90 MW photovoltaic complex in Tarapaca. The complex will consist of three 30 MW plants, called Altos de Pica, Pica and Pintados.
(USD 1 = EUR 0.738)
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.