Canadian Solar Wins 253 MWp Solar, 1,000 MWh BESS Project in Chile

• Chile awarded a total amount of 777 GWh/year of new generation backed by 3 various new renewable projects, of which the Zaldivar Project will account for 16 per cent.
• The Zaldivar Project is anticipated to displace greater than 263,000 lots of CO2 emissions each year.

Solar PV modules supplier as well as huge scale solar project developer Canadian Solar has announced that the company has been awarded a 253 MWp solar plus 1,000 MWh battery energy storage project called 'Zaldivar Project' in Chile's public tender held by Chile's Energy National Commission (CNE) in July 2022.

The official declaration of Canadian Solar held that CNE awarded a total of 777 GWh/year of new generation backed by 3 different new renewable projects, of which the Zaldivar Project will certainly account for 16 percent.

Canadian Solar held that the Zaldivar Project, situated in Antofagasta Region, is presently at mid-stage advancement. The project is anticipated to begin building in 2024 and get to commercial procedure in 2026. When in operation, part of the power generated by solar will be acquired by a swimming pool of distribution companies under 15-year power purchase agreements (PPAs), and also the staying will be acquired by personal energy off-takers.

The firm stated that the Zaldivar Project will lower Chile's carbon emissions and also improving the reliability of the regional grid. It is anticipated to displace greater than 263,000 tons of CO2 emissions every year. In addition, the battery storage component of the Zaldivar Project will certainly help improve the reliability as well as stability of Chile's grid by giving firm capacity, ancillary solutions, and energy trading solutions, while enhancing the long-lasting worth of these projects by producing varied resources of profits.

Dr. Shawn Qu, Chairman as well as Chief Executive Officer of Canadian Solar, mentioned, "Chile is just one of one of the most appealing renewable markets in Latin America. This solar as well as battery storage project awarded to Canadian Solar will certainly enhance our leading position in Latin America, particularly in Chile where Canadian Solar has a backlog of 600 MWp of solar projects and 2.2 GWh of battery storage projects."

Canadian Solar is an international manufacturer of solar photovoltaic or pv modules, supplier of solar power and battery storage remedies, and also developer of utility-scale solar power and also battery storage space projects. In the last 21 years, Canadian Solar asserts to have actually supplied regarding 76 GW of solar photovoltaic modules across the world. Just recently, with a capacity of 200,000 MT of high-purity polysilicon, 10GW of cells as well as modules, as well as numerous GW of raw as well as auxiliary material manufacturing, Canadian Solar shared that it means to construct an incorporated PV production factory in Western China.