IDB provide a loan of $ 41 million for three photovoltaic power plants in Chile

Inter-American Development Bank (IDB) has approved a $ 41.4 million worth of loan schemes, as the northern Chile Atacama Desert in the three PV power plant development and investment. The loan, $ 20.7 million of the $ 20.7 million General Fund contains the IDB and the Canadian Climate Fund, will be used for the construction, operation and maintenance PozoAlmonte Calama PV projects. The expected total cost of the project amounted to $ 82.7 million.

The project contains three photovoltaic power plants, PozoAlmonte2, PozoAlmonte3 and CalamaSolar3 total installed capacity of 25.5MW. When the end of 2013, the grid will become the largest solar power inverter photovoltaic project in Chile. The 7.5MWPozoAlmonte2 power station will be built in the desert, covers an area of approximately 56 hectares, the installation of approximately 27,000 photovoltaic modules. The 16MWPozoAlmonte3 power station will be located in the desert, covers an area of ​​126 hectares, with 57,000 PV modules.

At the same time, the 1MWCalamaSolar3 power plant covers an area will be 6.3 hectares, including 4,420 PV modules. SolarpackChile will be responsible for the provision of EPC services. It will also provide operations, maintenance and asset management services. These plants and network, and provide electricity to the country's Collahuasi and Codelco mining companies.

The IDB responsible for the organization of large-scale private sector project financing and infrastructure department is responsible for the Finance Department Jean-MarcAboussouan, said: "This is the region of the first large-scale solar projects.

This project has a lot of benefits, it helps to reduce the country's carbon footprint, and in accordance with the priority for the Canadian Climate Fund aims of Chile and the line. "The off grid inverter project will help to further diversify Chile's energy structure, and replace the use of fossil fuels for the generation of the national mining industry, mining industry consumes 18% of the electricity in the country. Additionally, the support of Chile's national energy strategy, the strategy is committed to the unconventional renewable energy more than twice the contribution of the country's energy infrastructure over the next decade.