The newly installed PV power for 2016 was approximately 219 MW, according to new data released by the government.
The Spanish developer has built the project for Balam Fund, which acquired it in April 2016.
The huge plant would consist of a 707 MW PV section and a 300 MW unit and would be located in the northern region of Tarapacá.
Power produced by the Quilapilún PV station will be sold to the regulated market under a PPA awarded to the project in an auction held by local power distributors in 2014.
The three facilities are located near Santiago and are expected to sell power to local customers. All the projects were developed under Chile’s PMGD Program for distributed generation.
InfraRed Capital Partners has committed to invest $17.25 million each into two, 36 MW solar parks located in Northern Mexico.
The Parliament’s Committee for Energy and Fuels has reached an agreement for a unified text of the net metering scheme that is expected to finally support residential and commercial PV and other distributed generation renewable sources across the country.
The price of electricity for the upcoming quarter will be reduced by 3.09% thanks to more production from hydro and the connection to the grid of 60 MW of solar.
Around 69.8% of total distributed generation installed solar power comes from mini-generation PV systems that have a capacity of up to 75 kW.
The funds will be used for the country’s renewable energy program and will be provided by the Brazilian Development Bank (BNDES) and the Inter-American Development Bank (IDB).
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