Singapore-based large-scale PV power plant installer Saferay will acquire 29.1 MW of multicrystalline solar modules from Chinas ReneSola for the La Huayca II plant it is building in Chile's Atacama region.
ReneSola will deliver 7.5 MW of solar modules to Saferay in August and an additional 21.5 MW of modules in January for the unsubsidized 29.1 MW plant.
The unsubsidized project, which expands the 1.4 MW La Huayca I plant completed last year to 30.5 MW, has no power purchase agreement (PPA) or feed-in-tariff (FIT) support.
Saferay managing director Thomas Gnefkow said the companys previous experience with ReneSola modules led to the decision to order additional modules from the company for use in La Huayca II, which he said would be the first merchant provider of solar electricity to join Chile's Northern Interconnected Electricity grid.
"The power plant, which is the first utility-scale PV plant worldwide with no PPA, government subsidies or FIT support, will sell electricity into the spot market just as conventional power plants do," Gnefkow said.
"ReneSola's timely delivery, competitive pricing and efficient modules will be key to maintaining our cost position. We look forward to working with the company and hope to continue our relationship as we expand our global network of large-scale PV power plants."
ReneSola CEO Xianshou Li added, "We are also thrilled to supply modules to the Chilean market, one of the few markets that allow PV companies to sell electricity to the local grid at profitable market prices. We will continue to invest in the region to grow our South American business and support the country's growing renewable energy sector."
ReneSola provided Saferay with modules last year for use in several PV power plants in Germany.
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