S.A.G. Solarstrom announces large-scale PV project plans in Chile

A spokesperson for S.A.G. Solarstrom tells pv magazine that all permits are in place, and that the two MW plant is scheduled to be grid connected by the end of the first quarter of 2013. It will be located in Paiguano, around 500 km from Santiago.

A PPA has been signed with a local agricultural landowner, who will purchase some of the generated electricity. Meanwhile, any excess will be sold on the spot market. The average spot market price for electricity is around US$0.16/kWh in Chile’s central grid.

In a statement, S.A.G. Solarstrom said that the two MW plant is expected to produce around 3,600 MWh annually, and could supply 800 four person households.

Through this pilot photovoltaic project, S.A.G. Solarstrom is looking to enter the Chilean market, and intends to install a number of large-scale plants in the country. The spokesperson declined to divulge any concrete numbers, but did say that the company is hoping to install projects in the double MW range.

CEO, Karl Kuhlmann added, "Chile offers very interesting general conditions for investors, even without state guaranteed feed-in tariffs. The country is politically stable, legally secure and shows dynamic economic growth, so that considerably higher energy requirements can be reckoned with over the next few years."

To date, under three MW of photovoltaics have been installed in Chile. However, a number of companies, including Germany’s Saferay, Spain’s Solarpack and China’s Sky Solar have all unveiled ambitious project plans. The November edition of pv magazine covers the Chilean photovoltaic market in more detail.