China Sky Solar has investment applications worth U.S. $ 1230 million
It also highlights the inflow of U.S. $ 300 million approved for central HydroChile to last core and $ 250 million for Mitsui Bussan Copper which will go to Lumina Copper mining
The firm Sky Solar Holdings received the approval from the Foreign Investment Committee (CIE) to investment applications for a total amount of U.S. $ 1,230 million, fact that means a fundamental and decisive step in the development of various photovoltaic solar initiatives for more than 300 MW that make up its portfolio of projects in Chile. The Chinese company progresses, thus, in the realization of its investment plan of U.S. $ 1,360 million by 2015 which the CEO, Zhang Yi, announced earlier this year.
According to information supplied by CIE, the company will distribute resources for the implementation of initiatives between the north and the Third Region. To Arica and Parinacota will allocate about $ 220 million and for the region of Antofagasta another $ 130 million, while in the Atacama region will be concentrated around U.S. $ 660 million.
To date NCRE generator company has entered environmental processing projects such as Solar Sky 1 and 2, both located in the region of Antofagasta, those aimed at the construction of two solar parks totaling 52 MW and an investment of around U.S. $ 156 million. In Arica and Parinacota, meanwhile, the $ 220 million would go to the full implementation of the photovoltaic plant Arica Solar II, valued at the respective amount. According to the Environmental Impact Statement (EIS), the work will be developed in four phases of 22 MW each.
Through these investments, the Chinese company focuses well, 98.7% of foreign investment channeled via DL 600. Also within the energy sector, is the approval of U.S. $ 300 million to the Australian HydroChile, a company specializing in power in passing that currently developing two projects in the Sixth Region, San Andres and El Paso, by about 80 MW to 100 MW. In the mining sector, in turn, appear the $ 250 million entered by Japanese’s Mitsui Bussan Copper whose fate is Minera Lumina Copper Caserones’s operator.
Source: Estrategia
