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Solarpack is awarded a 280 GWh/year contract in Chile with a record bid of 29.1 US$/MWh

It will provide energy to the regulated customers of the Chilean electrical market by constructing a 120 MWp solar park, which will begin supplying energy in the year 2021.

Solarpack, has been awarded in the Supply Tender 2015/01 to supply 280 GWh yearly, beginning in 2021, to the regulated costumers of Chile. This Supply Tender has been promoted by the CNE and by the group of electrical distributors of Chile.

To reach this production, Solarpack, through its subsidiary Maria Elena Solar S.A, will construct the photovoltaic solar park “Granja Solar” of 120 MWp that is expected to enter commercial operation in 2019. The company has been awarded 28 sub-blocks type 2b to sell 280 GWh annually between the hours of 8:00 to 17:59. This schedule permits the best daily correlation between its production curve and the demand that must be supplied, being the only sub-block with a diurnal schedule awarded in the tender.

The future solar park Granja Solar will supply clean energy to the regulated customers of Chile, that will benefit from the best price offered between the bidders, of 29.1 US$/MWh.

The awarded price of 29.1 US$/MWh represents a new record, as being the lowest price awarded to a solar park in history, at a global level. The previous record was established at 29.9 US$/MWh, awarded to a solar park in Dubai.

The park Granja Solar, of 120 MWp, will be located in the region of Tarapaca and will be connected to the electrical system to supply energy to all the regulated customers of Chile.

Pablo Burgos, CEO of Solarpack, indicated that “this tender, in addition to reaffirming the commitment of Solarpack with Chile, also demonstrates the competitiveness of Solarpack and solar energy at offering the best price among the bidding companies.” Mr. Burgos also thanked the confidence demonstrated by the Chilean authorities in the company.

Solarpack already counts with four photovoltaic solar parks in operation in Chile: Calama Solar, the first solar industrial park in South America and the first in the world without subsidy, with a total installed power of 1,1 MWp; Pozo Almonte Solar 2 & 3, that with a joint power of 25 MW produces 13% of the energy consumption of the Mining Companying Doña Inés de Collahuasi; and Pozo Almonte Solar 1 that counts with 10,5 MWp and is connected to the Sistema Interconectado del Norte Grande (SING). Furthermore, Solarpack is currently building two solar parks in Chile, Calama Solar 1 and Puerto Seco Solar, both located in Calama.

In addition to Chile, Solarpack manages a portfolio of projects in Spain, Peru, India, Malaysia, and South Africa. The company has also commissioned projects of 62 MWp in Peru, 26 MWp in Uruguay and 34,6 MWp in Spain.



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