ET Solar Group Corp. has provided 4.8 MW of solar PV panels for two utility-scale projects in Chile.
Located in Combarbala, the PSF Pama and PSF Lomas Coloradas projects are owned by Chile-based investment firm Andacollo de Inversionesa and are being constructed by Coener SpA.
Both projects will be connected to the grid with an off-taker by the end of this year. Each project has an installed capacity of 2.4 MW, with an estimated total annual yield of 10.84 GWh of electricity.
"With its ideal sun hour conditions and relatively high electricity costs, Chile is becoming a fast-growing solar PV energy user and a great example of the grid-parity driven market," says ET Solar President and CEO Dennis She.