The two projects are located in the 6th Region of Chile south of Santiago. Each project is 3.168 MWp, provided by 9,600 polycrystalline panels mounted on single-axis trackers. Construction is expected to be finished within four months. Four additional projects will begin construction in the coming weeks.
Latin America is potentially the next booming solar market; forecasts are for over 40GW of solar energy installations by 2021, of which Chile will be significant drivers.
Dennis She, ET Energy's President and CEO, said, "For us, the development and construction of these two projects demonstrate again our ability to develop and deliver high quality, investment grade solar assets in Latin America. With our global expertise in project development, financing, EPC and O&M, we continue to strive to deliver high quality assets to our clients."