Latin America heating up; SunEdison leads the charge
One of the few very large projects in Latin America.
SunEdison’s 100-Megawatt Llano de Llampos Project in Chile
At the end of January, SunEdison announced that it had signed a PPA with Chilean mining and steel group CAP. Not only will SunEdison sell CAP electricity at a rate that’s competitive with what can be purchased in Chile’s volatile spot market, but SunEdison will also use CAP steel to manufacture a tracking system in-house for the project. SunEdison will also use MEMC branded modules, and, when all is said and done, the project will be built for an estimated $2.41 per watt (DC). Considering SunEdison’s track record as a successful global project developer and EPC, we can expect this project to come on-line in late 2013 or early 2014.