SunEdison, CAP to build 100 MW solar energy plant in Chile

SunEdison, a unit of MEMC Electronic Materials Inc., signed an agreement with the Chilean mining and steel group CAP to construct a 100 MW solar photovoltaic power plant.

The solar power project will be located in the Atacama Desert of Chile. It is estimated that the plant will produce as much as 15 percent of the mining group's energy needs.

CAP is the largest iron ore mining, steel producer and steel processor group in Chile.

The plant will be built using SunEdison technology. More than 300,000 Silvantis monocrystalline silicon modules will be installed, which are made from non-toxic, non-polluting material that can be recycled at the end of its useful life, together with solar trackers designed by SunEdison, for which steel produced by CAP is expected to be used.

Once completed, the project will be managed by the SunEdison Renewable Operations Center (ROC). With locations in Belmont, California (USA), Madrid Spain and Chennai India, the ROC provides round the clock monitoring and management services to a global portfolio of rooftop and utility installations including those owned and operated by SunEdison and third parties. The ROC asset management services are structured to help power producers achieve maximum return on investment by maximizing plant efficiency.

SunEdison has been operating in Latin America since 2010 with offices in Chile, Brazil and Mexico.

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