Chile is continuing to lead South American countries in terms of solar development, with the latest supply deal landing JinkoSolar a 40 MW contract. Jinko will supply 131,150 polycrystalline silicon modules to project owner and EPC 8i.
"We have been very careful in selecting our business partners for big contracts such as this one, said JinkoSolar Xiandre Li, in a statement announcing the deal. 8i is an ideal one with its strong financial capabilities, ample local resources, leading technology and solid execution track record.
Jinko will begin delivery of the project in Q4 2014 and the plant is expected to be completed in July 2015.
In todays statement JinkoSolar claims to be market leader in Chile. U.S. firms SunEdison and SunPower both have a very strong presence in Chile. SunEdison in particular has developed the 100 MW Amanecer Solar CAP plant and the 48.2 San Andres project. It is developing a third 72.8 MW PV power plant, for which it raised capital in July.
U.S. thin film manufacturer and developer First Solar is also working on the 162 MW Luz del Norte project.
Amongst the Chinese module suppliers, JinkoSolar is the clear market leader in Chile. Renesola has supplied more than 30 MW of projects in the country, with ET Solar and Trina Solar both active and having shipped single digit MWs of modules.
This latest supply deal to Chile widens JinkoSolars activities in the country, as it had previously supplied two solar projects in the north of the country. JinkoSolars Xiandre Li spoke of the deal as representative of the companys expanding geographic reach.
While there is no feed-in-tariff policy or government incentive system for utility-scale solar project in Chile, the country is experiencing a strong increase in solar energy demand, said Li. We are very confident that we will be able to maintain our market leading position in Chile as we work to expand further into Latin America."
Today's announcement is of further significance in that the 8i plant will feed electricity into Chile's central grid. The majority of the utility scale projects developed in Chile have been in the county's north, often supplying mining projects. The Valparaiso region has both urban populations and industry, which the plant will supply.
With additional reporting from pv magazine Latinoamérica's Blanca Diaz Lopez and Christian Roselund. Diaz Lopez and pv magazine's Americas correspondent Roselund will be reporting next week from Intersolar Latin America, in Sao Paulo.
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