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November 30, 2021

Cielos de Tarapaca Solar PV Park, Chile

By Carmen

Cielos de Tarapaca Solar PV Park is a 600MW solar PV power project. It is planned in Tarapaca, Chile. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 600 600 Permitting Tarapaca, Chile Cielos de Tarapaca

Description

The project is being developed by Cielos de Tarapaca. Green Climate Fund and Cielos de Tarapaca are currently owning the project having ownership stake of 13% and 8% respectively.

Cielos de Tarapaca Solar PV Park is a ground-mounted solar project which is planned over 1,650 hectares.

The project is expected to generate 1,500GWh of electricity. The project cost is expected to be around $425m.

Development Status

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The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.

About Cielos de Tarapaca

Cielos de Tarapaca SpA, is a solar power generation company and a subsidiary of Valhalla Energy, based in Chile.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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