Sonnedix proceeds Chile solar growth with 160MWp project procurement
- Sonnedix has acquired a Chilean solar project currently under advancement that will certainly become the independent power producer's third-largest PV plant when functional.
The Sonnedix Andino Occidente I project, located in Chile's main O'Higgins region, has been bought from regional renewable energy programmer Andes Solar and will certainly have an ability of 160MWp. The purchase consists of the co-development of the center.
Building and construction of the solar farm is anticipated to start in the 4th quarter of 2023. Once constructed, it will certainly generate approximately 337GWh of tidy energy annually.
Sonnedix CEO Axel Thiemann stated the procurement shows the firm's commitment to helping Chile achieve its renewables targets, with the firm in search of opportunities to establish, have and operate additional solar PV properties in the nation.
The Chilean federal government aims for 100% of the nation's electrical power to come from renewables by 2050, with upcoming auctions set to advance new renewables and also power storage space growths.
While Sonnedix currently has a Chilean solar capability of around 40MW, this figure will certainly soar when its 138MW Meseta de Los Andes and also 171MW Atacama Solar projects come online. Adhering to a financial investment of US$ 180 million, the Atacama center is expected to be readily energetic by the end of the year.
The company also protected a manage French investor Natixis earlier this year to advance up to 100MWp of solar projects in Chile.