Atlas Renewable Energy signed a long-term contract for the sale of solar energy with Engie Energía Chile, adding a new plant to take part of the country's clean energy transition.
The PPA will supply 550GWh/year with solar energy during a 15-year tenor. This contract is subject to financial closure and the construction of a new solar plant of at least 230MW called Sol del Desierto, which will be in the municipality of María Elena, Antofagasta region, on concession land of the Ministry of National Assets.
Alfredo Solar, General Manager of Atlas Renewable Energy Chile stated after signing the contract that "we are a young company that has grown very fast, becoming an undisputed leader of the solar market in Latin America. We have an enormous capacity to make projects viable and produce renewable energy efficiently, aligned with what is required to combat climate change. We are very proud to provide ENGIE with clean energy and therefore collaborate with Chile's decarbonization plan."