December 7 (Renewables Now) - Enertronica SpA (BIT:ENT), the Italian company describing itself as a smart utility, has secured a 100-MW inverter supply contract in Chile.
The order, worth USD 6 million (EUR 5.1m), has been awarded to the company's subsidiary Elettronica Santerno by "one of the main global utilities in the renewable energy sector." Under the deal, the Italian company will deliver its new Sunway TG TE 1500V modular inverter. It has not been defined yet when work will begin but it will stretch beyond 2018.
Santerno manages in Chile 200 MW of capacity under operations and maintenance (O&M) contracts, the company said. Elettronica is also present in Chile's engineering, procurement and construction (EPC) sector through the recently acquired Progetti Internazionali.
Enertronica chairman and chief executive Vito Nardi said that since acquiring Elettronica Santerno, the group has worked hard to relaunch the subsidiary. "Results have been particularly rewarding so far, as we managed to build up in just one year the company’s current pipeline of confirmed projects, for over 300 MW, to be realised in the following years," Nardi added.
(USD 1 = EUR 0.848)