Actis and SunPower Corp. announced that Actis has acquired the 110MW(DC) El Pelicano Solar Plant in Chile, which uses SunPower® Oasis® power plant technology. It is expected to deliver 300 GWh per year of electricity to Metro de Santiago, Santiago's underground railway system. The project is in the municipality of La Higuera (Coquimbo Region) near Vallenar (Atacama Region), and commenced commercial operation on November 17, 2017.
"With a supportive regulatory environment and abundant solar resource, Chile is a market we know extremely well through our investments in the Aela Energía and Atlas Renewables platforms," said Javier Areitio, director at Actis. "We are confident that in partnership with Metro de Santiago and SunPower, the El Pelicano plant will be a terrific illustration of clean, sustainable energy for many years to come."
"Actis is focused on sustainable value, which makes the El Pelicano Solar Plant a great fit for its portfolio," said Chuck Boynton, SunPower chief financial officer. "High performance SunPower Oasis technology is designed to cost-effectively maximize power generation for decades. Forward-looking organizations like Actis and Metro de Santiago are a global model for the development of solar power, reducing reliance on unsustainable energy sources."