Rame Energy Planning $6.4 Million Sun-Power Plant in Chile

(Bloomberg) — Rame Energy Plc plans to install a $6.4
million solar-power plant in Chile and may deploy further
projects in the country’s tourist and mining industries.

The company plans initially to install a 2.5-megawatt
ground-mounted facility expected to start working by the end of
next year, it said today in an e-mailed statement. It may scale
that to 17.5 megawatts.

Rame also has signed a power purchase agreement with a
Santiago school to install, own and operate a 25-kilowatt
rooftop solar project. That’s expected to be complete in
February. The developer is also in discussions to build projects
for the tourist and mining industries that would have a total
capacity of about 5.5 megawatts.

“Northern Chile is the ideal location for solar projects
and, along with our first six wind projects in Chile totaling
133 megawatts which are now at various stages of development,
this project will play an important part in establishing a mixed
portfolio of 300 megawatts within the next three years,” Chief
Executive Officer Tim Adams said in the statement.

To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Tony Barrett, Alex Devine

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