Etrion,a mid-sized solar power producer based in Switzerland, first signed a letter ofintent with Atacama Minerals Chile to build the $25m PV system in January.

Butwith a PPA in hand, Etrion can launch into construction by the end of the year,with commissioning slated for second-quarter 2014.

Thepower will be sold on a take-or-pay basis, with the PV system expected toprovide 35% of the Aguas Blancas iodine mine’s total power requirements.