Germany's Solarstrom enters Latin America with 2MW in Chile

Germany’s SAG Solarstrom has unveiled a 2MW PV project in Chile, representing its first foray into Latin America, which a growing number of solar developers have pinpointed as a key mid-term growth market.

Solarstrom intends to build the array with a local partner in Paiguano, some 500km north of the capital of Santiago, as a stepping stone to pursuing “large-scale projects” in the country from 2013.

The project will go up on unusable farmland, with most of the electricity to be used by the landowner, and the remainder to be sold onto the spot market.

The array will receive no subsidies – a model Solarstrom appears to be growing increasingly comfortable with, having recently announced a 440MW subsidy-free project in Spain.

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