Developers
are
increasingly
interested
in
the
country
as
they
seek
alternatives
to
the
slowing
European
and
US
markets.
The
models
vary:
Mainstream
Renewable
Power
is
using
Chinese
financing
and
Chinese
turbines;
Vestas
is
financing
and
building
its
own
project.
Given
the
lack
of
long-term
contracts
in
Chile,
both
expect
to
sell
power
on
the
spot
market.
Pattern
Energy,
however,
has
signed
a
long-term
power-purchase
agreement
(PPA)
with
Antofagasta
Minerals,
a
mining
company.
Meanwhile,
Enel
Green
Power
and
Sowitec
have
won
land
tenders
to
build
wind
farms,
although
Log in to read complete article.