Info
Info
News Article

Sonnedix Acquires 32 MW Of PV Projects Under Chile’s PMGD Program

News

Sonnedix, a global independent solar power producer, has acquired two portfolios with a total capacity of 32 MWp in Chile. The projects, which range in size from 3 to 9 MWac, are being developed under the country's PMGD Program for distributed generation (Pequeños Medios de Generación Distribuida).

The first portfolio consists of two PMGD projects with a total capacity of 18 MWp, located in Maule and O'Higgins Regions, and were acquired from Canadian Solar. Sonnedix has issued the notice to proceed (NTP) for construction to Grenergy as EPC contractor and the projects are expected to reach commercial operation in Q3 2019.

The second portfolio also consists of two PMGD projects with a total capacity of 14 MWp and will be built ‘behind-the-meter' of an industrial client, located in the Coquimbo Region. The projects have been purchased from Imelsa, a local partner active in energy commercialization through PPAs with industrial consumers and the solar component consumed by the end client will be sold through a PPA with Imelsa Energía SpA. Located in the communes of La Serena and Vicuña, the construction of the projects is expected to start in the first quarter of 2019 and reach commercial operation by Q3 2019.

Under the PMGD program, the projects are eligible for the stabilized price regime calculated by the Chilean National Energy Commission (CNE). The program grants automatic connection to the medium voltage grid and the certainty that all power production will be injected to the electricity system.

These latest acquisitions expand Sonnedix's controlled capacity to 347 MW in Chile.

“Sonnedix sees considerable growth opportunities in Chile market, with its long-term commitment to renewables and stable regulatory environment” said Axel Thiemann, CEO of Sonnedix, while in Santiago. “We are planning to invest USD 350 million over the next three years on projects that will help achieve key strategic goals for the country's power system.”

Cubico Reaches Financial Close On 100 MW Solar Project In South Carolina
Students Research Cleaning Solar Collectors Without Water
Olympus Stream Software. Inspection Without Limitation
Sonnedix Increases Italy Footprint By Further 4MW
Surrey Team Replaces Lead With Tin In Perovskite Solar Cells
Juwi Signs Agreement With EDL To Deliver Hybrid Project In Australia
Power Electronics For The Energy Transformation
ABB To Exit Solar Inverter Business
ARPA-E Extends NREL Funding For III-V Solar Project
Renewables Cover 44 Percent Of Germany’s Electricity Consumption
ABB Helps Build A Brighter Future For Costa Rica With High Power Inverter Technology
Lidl To Invest €1m In Ireland’s Largest Ever Installation Of Solar Panels
NEDO, Sharp, And Toyota Trials Electrified Vehicles Equipped With Solar Batteries
Q CELLS Offers Businesses Direct Marketing Of Solar Power In Germany
Creating Multi-junction Solar Cells Off-the-shelf
Ingeteam Supplies 2 GW Of PV Inverters In The First Half 2019
The European Union And JUMEME Inaugurate New Solar-powered Mini-grid
Market Opportunities For Indoor Photovoltaics
Loughborough Expert Helps Construct New United Nations Specifications
China, India, Japan And South Korea Set To Surpass 1 Billion Installed Smart Electricity Meters In 2025
Oxford PV Secures 65 Million In Funding
Surrey Researchers Clear Runway For Tin Based Perovskite Solar Cells
Patent Pending For LCT Active Cleaning Vacuum System
Scatec Solar Reaches Financial Close For 55 MW Project In Ukraine

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info