“We firmly believe that solar technology should be a leading sustainable energy source for distributed power generation and building applications, driving growth in mature and developing economies,” commented Tanja Vainio, Country Manager, ABB Czech Republic. “We are therefore committed to continual investment in this sector, leveraging the strong digital capabilities from across our business, as part of ABB Ability, to develop market leading PV solutions and product platforms.”
“The current investment into photovoltaic plants in Chile brings new opportunities to the Czech Republic and we are proud to announce that the Solek Group, the supplier of both projects, will begin using ABB string inverter technology to power PV progress in Chile.”
The Solek Group’s pilot project – the Cuz Cuz power plant near Illapel, with a total installed capacity of 3.07MW – started to deliver power into the Chilean grid at the end of last year.
“We constantly look at new technologies in our field and always seek to get the best for our projects. ABB string inverters have proved ideal for our current projects in Chile. Moreover, ABB is a solid partner for us and that is why our two new projects, Amaparo del Sol and Santa Laura (formerly referred to as La Frotuna), will use these products,” said Zdeněk Sobotka, CEO, Solek Group.
Thanks to a high average solar irradiance, the sun is a very attractive source of renewable energy in Chile. Photovoltaic power plants have recently become one of the main areas of investment within the power industry in this country. This trend will continue in the years to come as the ENERGIA 2050, a Chilean government program, sets the goal of increasing the share of power from renewable resources by up to 60% by 2035.
Both the Amaparo del Sol and Santa Laura projects will use single-axis trackers to achieve higher output, with their business model based on the market prices of electric power, not on feed-in tarifs. Given the optimum natural conditions, high solar irradiance, stable economy and growing demand for electricity in Chile, the project is globally one of the best investments within the field of photovoltaic power.
ABB (www.abb.com) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 132,000 employees.
Since its foundation in 2010, Solek Group (of which Solek Holding SE is a member) has built, acquired and developed dozens of projects in the field of photovoltaic power plants with the total installed capacity over 24MWp in the Czech Republic, Slovakia, Romania and Chile. The company has collected invaluable experience not only with planning, but also with the construction, operation and asset management of photovoltaic power plants in various markets. Solek Holding SE is currently issuing public bonds related to its Chilean projects, with 6.2 percent interest for 5 years