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SAG Solarstrom to Build Chile Plant, Plans More Projects

SAG Solarstrom AG, a German solar power developer, plans to build a 2-megawatt photovoltaic pilot plant in Chile and is looking at larger projects in the country.

SAG Solarstrom will sell electricity from the facility, expected to begin operating in the first quarter, to the unidentified farm that owns the land, the Freiburg, Germany-based company said in a statement today. The project, which will also sell power on the spot market, will be in Coquimbo, a region 500 kilometers (300 miles) north of Santiago.