Asia Biz News - Asian Business News and Tenders

ET Energy Begins Construction on First Two of Ten Solar Projects for Chile

July 7, 2018

China-based ET Energy, has begun construction on two of an eventual ten solar projects in Chile, as part of an overall plan to distribute power generation sources around the country.

The full set of projects ET Energy plans to build under Chile's Program for Distributed Energy (PMGD) will produce a total of 31.6 MWp.

A major attraction of PMGD projects is that they suffer from fewer development and distribution challenges than large scale projects.

These two projects are located in the 6th Region of Chile south of Santiago. Each project is 3.168 MWp, provided by 9,600 polycrystalline panels mounted on single-axis trackers. Construction is expected to be finished within 4 months. Four additional projects of similar characteristics will initiate construction in the coming weeks. These projects will create jobs during construction, and inject clean, renewable energy into the national grid, providing electricity to consumers in the area.

Acting as a turn-key solar energy solutions provider, ET Energy has made great efforts to ensure that project development and construction are carried out smoothly, including proactively meeting with local authorities and community leaders to make sure that reforestation plans are in place to minimize the impact of the erection of the power plants.

Latin America is potentially the next booming solar market; forecasts are for over 40GW of solar energy installations by 2021, of which Chile will be significant drivers.

Dennis She, ET Energy's President and CEO, said, "For us, the development and construction of these two projects demonstrate again our ability to develop and deliver high quality, investment grade solar assets in Latin America. With our global expertise in project development, financing, EPC and O&M, we continue to strive to deliver high quality assets to our clients."

Copyright: North America Procurement Council Inc., PBC