Enel Green Power begins construction on two photovoltaic plants in Chile

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Enel Green Power has begun construction on two photovoltaic plants (Lalackama and Chañares) located in northern Chile.
Lalackama, with an installed capacity of 60 MW, is expected to be the Group’s largest photovoltaic plant. Once built and fully operational, the plant will be capable of generating up to 160 GWh per year, equivalent to the electricity needs of about 90 thousand Chilean households, and will avoid the emission of over 100 thousand tonnes of CO2 into the atmosphere. The new plant is expected to require around 110 million US dollars to build.
The Chañares plant is located next to the Diego de Almagro solar farm (36 MW), the Company’s first solar farm in Chile, on which construction is nearly complete.
The plant, with an installed capacity of 40 MW, will be capable of generating up to 94 GWh once fully up and running. This is equivalent to the electricity needs of about 53 thousand Chilean households and will avoid the emission of over 59 thousand tonnes of CO2 into the atmosphere. It is expected to come on line sometime in late 2014 or early 2015, and the new plant is expected to require around 70 million US dollars to build.
Both projects have power supply contracts to sell the electricity generated on the regulated market. These contracts were awarded in November 2013 via a tender held by 26 distributors for Chile’s Central Interconnected System.