Solek Group enters a solar power deal with BlackRock in Chile for 200 MW; Opdenergy has energized 104 MW solar power plant in Chile; Galp CEO finds merit in Brazil's solar and wind power market.
Solek to build 200 MW PV in Chile: Czech based solar power plant developer Solek Group will build 200 MW solar power capacity in Chile through its subsidiary Solek Latam Holding SpA, and sell the same to BlackRock's Global Renewable Power Fund III (GRP III). Solek will also be in charge of operation and maintenance of the projects as per the deal signed. Solek will establish this capacity in the form of 28 individual PV projects under Chile's PMGD program that supports distributed generation capacity. Solek said it currently has 90.5 MW capacity ready to start construction and serve regions with growing populations and a developing mining industry. BlackRock has hired Aediles Capital for asset management.
"This is an important strategic step towards establishing cooperation with leading infrastructure investors, who are key to the further growth of SOLEK Group, not only in Chile but also in other countries," said Founder and CEO of the SOLEK Group, Zdeněk Sobotka.
104 MW solar project online in Chile: Spanish renewable energy company Opdenergy has secured the commercial operation permit from the National Electricity Coordinator in Chile for its 104 MW solar power plant. The Sol de Los Andes project in Atacama region's Diego de Almagro commune, comprises over 239,000 bifacial solar modules and expands the company's operational portfolio in the country to 171 MW. It has more than 1 GW of additional projects in the pipeline, currently under development. The facility Opdenergy's largest project in Chile.
Galp eyes Brazil's RE space: Portugal's oil and gas major Galp Energia CEO Andy Brown told local media that his company sees Brazil as a promising country to expand into the solar and wind energy space. Reuters reported about Brown as saying that his company would want to expand in Brazil's renewables market as it has an attractive framework for investment and also because it offers the scope for competitively produced green hydrogen which may be on its agenda in the future. Galp entered the Brazilian renewables market in October 2021 with the acquisition of 594 MW solar capacity (see Galp Forays Into Brazilian Renewables Market).