Verano Energy, a prominent renewable energy developer in Latin America, has commenced construction of eight solar PV projects in Chile with a total capacity of 76 MWdc (59 MWac). Verano was selected by EnfraGen subsidiary, Fontus Renewables to carry out the EPC and O&M contracts, which is the largest third-party EPC contract for Verano.
Fontus develops, owns, and operates renewable power generation in Chile and Latin America. The project pipeline will proceed under the country’s PMG/PMGD programmes which provide for automatic access to the grid and a stabilised pricing scheme.
Dylan Rudney, CEO of Verano Energy commented: “We have developed considerable in-house experience by building and operating our own projects, and have decided to take advantage of our [experienced] internal team to offer third-party EPC contracts. We’re extremely excited about extending our services to build these projects for Fontus. The market evidently has a need for experienced EPC services providers to support the growth in renewable energy projects. Verano Energy has acquired significant expertise across all aspects of solar project development and is ideally positioned to fill in that gap.”
Image: Breaking ground at Chile's new solar project (courtesy of Verano Energy)