China-based JA Solar and a subsidiary of Germany-based Soventix GmbH have established a joint venture to develop large-scale solar photovoltaic power projects in Chile.
Soventix Chile SpA is developing a portfolio of projects in the country. JA Solar is working to develop new markets for its modules. The joint venture will initially cooperate on projects totaling 130 MW, all of which will use JA Solar modules.
‘A central element of our market entry strategy is to participate at the earliest stages of project development,’ says Jian Xie, president of JA Solar. ‘This enables us to secure supply agreements early on, as well as to be influential in the project implementation and not act simply as a vendor.’
Both companies expect completion of the first collaborative projects this year.
