Enel Green Power is investing approximately 180 million US dollars in the construction of Carrera Pinto
Rome, January 4th, 2016 Enel Green Power (EGP) has completed and connected to the grid the first 20 MW of its 97 MW Carrera Pinto photovoltaic plant, located in the Chilean region of Atacama.
The solar plant is owned by Parque Solar Carrera Pinto S.A., a subsidiary of Enel Green Power Chile Ltda. The remaining 77 MW of the photovoltaic facility are expected to be completed and enter into service by the second half of 2016. Once fully operational, Carrera Pinto will be able to generate over 260 GWh each year equivalent to the annual power consumption needs of around 122,000 Chilean households while avoiding the emissions of more than 127,000 tonnes of CO2.
EGP is investing approximately 180 million US dollars in the construction of Carrera Pinto, as part of the investments foreseen in the companys current business plan. The project is financed through the Enel Green Power Groups own resources and is supported by a long-term power purchase agreement (PPA).
The energy generated by the Carrera Pinto solar plant, which is located 60 kilometres from the city of Copiapó, will be delivered to Chiles Central Region Transmission Network (Sistema Interconectado Central, SIC).
EGP currently operates a portfolio of plants in Chile that have a combined installed capacity of around 600 MW, of which 340 MW comes from wind power, 174 MW from PV solar and 92 MW from hydropower. In addition, Enel Green Power currently has close to 600 MW of projects in execution which, when completed, will bring the companys total installed capacity in Chile to about 1,200 MW. Among these projects, EGP is building Cerro Pabellòn, South Americas first geothermal plant that has a gross installed capacity of 48 MW, in partnership with ENAP.
Enel Green Power is the Enel Group Company fully dedicated to the international development and management of renewable energy sources, with operations in Europe, the Americas, Africa and Asia. With a generation capacity that corresponds to approximately 32 billion kWh in 2014 from water, sun, wind and the Earths heat enough to meet the energy needs of more than 11 million households Enel Green Power is a world leader in the sector thanks to its well-balanced generation mix that provides generation volumes well over the sector average. The company has an installed capacity of more than 10,000 MW from a mix of sources including wind, solar, hydropower, geothermal and biomass. The company has about 740 plants operating in 16 countries.
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