26 September 2013 14:24 [Source: ICIS news]
LONDON (ICIS)--French energy and chemicals major Total and Swiss independent power firm Etrion are planning to build a 70 megawatt-peak photovoltaic power plant in Chile’s Atacama region, Total said on Thursday.
Total said that the $200m (€148m) plant would be “the world’s largest solar power project based on spot market electricity revenues.”
Construction is due to start in the fourth quarter of 2013, and "Project Salvador" is expected to be operational by the first quarter of 2015. Construction will be carried out by Total's US-based SunPower affiliate.
“This merchant project confirms that solar energy is becoming competitive with other conventional energy sources,” said Philippe Boisseau, a member of the Executive committee of Total.
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