First Solar enters strategic alliance with Solar Chile for development of solar PV projects in Chile

Oct. 11, 2011 - Syanne Olson - pv-tech.org

First Solar and Solar Chile, a subsidiary of Fundación Chile, have agreed to a strategic alliance that will see the companies work together to co-develop solar projects in Chile. First Solar has agreed to provide its PV modules, engineering and procurement services for the projects, which are subject to the execution of definitive project agreements.

"With strong growth projections, significant energy demand and abundant solar resource, Chile represents a tremendous opportunity to generate clean, renewable solar electricity cost effectively," said Kim Oster, director of business development, Latin America for First Solar. "We are delighted to collaborate with Solar Chile and Fundación Chile to accelerate the adoption of PV technology and meet the growing demand for clean, renewable solar energy."

Representatives from both companies will sign the strategic alliance on October 12 at Fundación Chile’s auditorium. Furthermore, Kathleen Weiss, VP of federal government and corporate affairs for First Solar and Kim Oster will hold a presentation on solar’s declining costs and give a global standpoint on the development of Chile’s solar industry.