First Solar Acquires Solar Chile

First Solar

and Fundación Chile today announced that First Solar has acquired Solar Chile, a Santiago-based solar development company in which Fundación Chile was an early investor. This culminates a strategic working alliance the two companies formed in Oct. 2011. Solar Chile has a portfolio of early- to mid-stage utility-scale photovoltaic (PV) power projects totaling about 1.5 gigawatts (GW) in Regions I, II, III, and XV in northern Chile, including the Atacama Desert region, which offers the highest solar irradiance in the world. “We have been very impressed by the quality of the Solar Chile team and the projects they are developing, and we believe that together we will bring even more value to the