Friday, 27 May 2016

Chilean utility Colbún awards 15-year PPA to Total, SunPower; Construction of a 164 MW PV plant

 SunPower will construct “Oasis” Power Plant system in Chile


On May 26th, 2016 utility Colbún S.A. (Santiago, Chile)announced the award of a 15-year power purchase agreement (PPA) to Total and SunPower for 500 gigawatt hours (GWh) of solar power per year, with the construction of a 164 MW solar photovoltaic (PV) plant.
The decision resulted from a competitive tender process, in which more than 13 companies participated submitting more than 20 power purchase agreements alternatives.
"This contract is a further step towards strategy optimizing our generation mix and strengthening our market position," said Thomas Keller, CEO of Colbún.
Colbún is the second largest generation company in Chile's Central Interconnected System (SIC) and has promoted the development of more than 350 MW of NCRE power generation projects, including solar, mini hydro and wind technologies.
"As a world leader in the solar industry, we are proud to launch a new solar project with Colbún, delivering 500 gigawatt hours per year of reliable, cost-effective clean power," comments Bernard Clément, senior vice president of Business & Operations, of the New Energies division of Total. 
source: http://www.solarserver.com

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