The approved project is the $200 million Alwa solar plant. The installation will be located in northern Chile.
Amigo Solar, a Chilean microgrid provider, announced yesterday its collaboration with a digitized billing system that will help it to alter the utility landscape in the Latin American country. The case shows how solar and IT change the electricity market structures.
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
PV systems installed under Chile’s net-metering scheme have reached 6.4 MW. The Chilean government has recently made it easier to install small-sized PV for self-consumption.
1,620 GWh of capacity is set to be auctioned in the daytime block. The timetable has been set for the presentation of bids for the first stage to take place on 11 October.
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