Thursday, January 24, 2013

Sky and Mainstream in Chile

Chilean solar pipeline keeps growing 24.01.2013: Chinese renewable energy company Sky Solar Holdings Co. Ltd. plans to invest $1,360 million in Chile, according to the Chinese press agency Xinhua. The article does not reveal if the company aims to invest in solar or other renewable energy projects. The announcement has been made by the company and the committee of foreign investors Comité de Inversiones Extranjeras (CIE). Sky Solar is currently developing a 18 MW photovoltaic plant in the Arica region of northern Chile and has proposed two PV projects with a combined capacity of 60 MW in the region of Antofagasta in October. Meanwhile, Andes Mainstream Spa, subsidiary of the Irish renewable energy developer Mainstream Renewable Power, has obtained the environmental authorization from Chile's Environmental Assessment Service (SEA) regarding its planned 75 MW Almonte Solar Park. The $250 million solar park will cover about 185 acres in the Tarapacá region in northern Chile and would rely on about 270,000 solar modules. The company started the authorization process in December 2011. Source: Xinhua, Servicio de Evaluación Ambiental (SEA)

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Monty Bannerman
ArcStar Energy
646.402.5076
www.arcstarenergy.com

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