SunEdison awarded 350 MW of solar PV in Chilean auction

Chile's National Energy Commission (CNE) has awarded 15-year power supply contracts to SunEdison for solar PV projects totaling 350 MW in the nation's latest energy supply auction. The company will invest roughly US$700 million in building these projects.While 18 renewable energy projects bid into the supply auction, SunEdison reports that it was the largest winner, with contracts to supply 190 gigawatt-hours (GWh) annually to the nation's Central Grid (SIC) starting in 2016, and another 350 GWh in 2017. The prices here are notable. SunEdison bid at $0.089 per kilowatt-hour (kWh) for its 2016 projects, with the 2017 projects closing ...

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