Bloomberg News

Solarpack Wins Contract to Supply Power to Chile Copper Mine

July 03, 2012

Solarpack Corp. Tecnologica, a Spanish solar-energy developer, won a contract to supply energy to the Collahuasi copper mine in northern Chile as the nation seeks to boost its use of renewable energy.

Solarpack, based in Getxo, Spain, will provide 60,000 megawatt-hours a year from two solar plants starting in the fourth quarter of 2013, Compania Minera Dona Ines de Collahuasi, the mine’s operating company, said today in an e-mailed statement.

Under Chilean law, 5 percent of all electricity must come from renewable sources, according to Bloomberg New Energy Finance. That will rise to 10 percent in 2024.

Solarpack will begin building the plants at the end of the year in the Tarapaca region, according to the statement.

The mining company solicited bids for the power contract in mid-2011 and received 10 proposals. The company is owned by Anglo American Plc (AAL), Xstrata Plc (XTA) and a group of Japanese companies.

Solarpack was awarded a contract in November 2010 to build a 1-megawatt solar plant for the state-run mining company Corporacion Nacional del Cobre de Chile’s facilities at Chuquicamata.

To contact the reporters on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net; James Attwood in Santiago at jattwood3@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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