Developer Solarity has completed the first floating PV array to be connected to the national distribution network under Chile’s net billing scheme. The plant will supply 100% of project owner Hortifrut’s energy needs, while allowing it to sell excess power to the grid.
Three big projects are candidates for support from the Covid recovery plan laid out by the bloc.
Solar is regaining speed in Spain after the Covid-19 crisis. Iberdrola is now building 150 MW, while Foresight recently acquired a 26.1 MW project. FRV has secured financing for a 136 MW array, Audax plans to issue green bonds to finance its pipeline, and an 800 MW solar park is expected to provide with power Alcoa’s aluminum plant in Galicia.
Mainstream Renewable Power is developing the $934 million Huemul wind and PV project, the second phase of the $1.8 billion Andes Renovables renewable energy platform, which is expected to have a total capacity of 1.3 GW when completed. A third phase is currently in the financing stage.
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