Eurus enters Chilean PV with 18 MW acquisition

The La Esperanza and Marchigüe projects are each 9 MW in size, according to an online statement. Eurus did not disclose the financial terms of the deal with Madrid-based Grenergy.

The two arrays are situated near the Argentinian border, in Chile’s O’Higgins district, roughly 140 km south of Santiago, the national capital. They started generating power in May. Eurus will continue to sell all electricity generated by the two plants on Chile’s wholesale power market.

The Tokyo-based PV and wind developer — a venture between Japanese utility Tokyo Electric Power (Tepco) and Toyota Tsusho, the trading unit of automaker Toyota — now operates renewables projects in 12 countries throughout the world, including two in South America. Its operational PV and wind portfolio currently stands at roughly 2.74 GW, with 964.9 MW in Europe, 929.3 MW in Japan, 608.9 MW in the U.S. and 232.3 MW throughout Asia ex-Japan, according to its website.

It has finished a handful of PV projects this year. In January, it completed a 27.6 MW solar array in Waianae, on the Hawaiian island of Oahu. The installation is its second utility-scale PV project in the U.S.

More recently, Eurus switched on a 10.5 MW solar plant on Awaji, an island in western Japan’s Hyogo prefecture. It completed the project roughly two years after finishing a 33.5 MW solar array on Awaji, which was its first such installation on the island near Osaka.