Ingeteam supplies 140MW to Chile for solar projects coming under the PMGD program
To date, Ingeteam has supplied 140 MW to Chile for solar projects coming under theDistributed Generation by Small Power Producers (PMGD) program, which supports the execution of generation projects with rated powers of up to 9 MW.
Distributed generation is an ongoing trend in Chile and in many other countries, accounting for one quarter of global investment in renewables in 2015. To promote the construction of projects of this type, the PMGD program gives PV plant owners the guarantee that they will be able to sell all their output to the electricity grid. Moreover, the National Energy Commission (CNE) allows these producers to choose between the sale of energy at either a marginal cost or stabilized price. In this latter case, producers are guaranteed stable prices that are higher than market prices, given the fact that these prices are calculated every six months by the CNE and are not subject to a time of day variation.
In the past two years, Ingeteam has supplied its PV inverters for ten solar projects of this type and is now supplying fourteen of its Inverter Stations with 1500V technologyfor seven solar PV plants that are being built by Grenergy, a company that also decided to install Ingeteam’s PV inverters at the La Esperanza, Marchigüe, Mostazal and Luders photovoltaic plants. Thanks to the supply of PV inverters for these last seven projects, Ingeteam has reached a total power of 140 MW at plants coming under the PMGD program in Chile. Ingeteam also has a portfolio of upcoming projects for this country, in which it holds a privileged position in the PV inverter manufacturer ranking.