Greentech Lead America: Sky Solar, a global renewable energy and PV
power plant developer, Sigdo Koppers, a Chilean company focusing on
construction and industrial installation and China Development Bank have signed
a cooperation framework agreement. This agreement aims to construct 300MW of
solar photovoltaic power plant projects in Chile with a total
investment of US$900 million.
Sky Solar & Sigdo Koppers are planning to
develop PV projects over a number of stages. At the initial stage they have
plans to start a 2MW pilot project and an 18MW ground mounted project this
year. The remaining projects are expected to be at least 150MW and will be
carried out over the next 18 months.
Both companies believe that their cooperation on building
a series of PV power plants will greatly improve Chile’s renewable energy
China Development Bank, a Chinese government owned financial institution will
play a pivotal role in helping finance and support infrastructure and
construction of the projects.
In early 2010, Sky Solar began to develop and
invest in a number of high sun irradiation countries, the most important of
these being Chile.