Chile is one of the best-suited countries for CVE’s development strategy with :
- a substantial solar resource
- a common direct sales model
- a market free from subsidies
CVE Chile began its activity in Chile in 2017 with the construction of its first three ground-mounted power plants with solar trackers : Quinta Solar, San Francisco and Valle de la Luna. Since the subsidiary’s creation, the photovoltaic park has continued to grow, as has its team, which now consists of 37 people, committed to the development of this clean and environmentally friendly technology.
In 2021, non-conventional renewable energies (NCRE) constitute 29.46% of the country’s energy matrix, and among them, photovoltaic energy has reached, in October 2021, a share of 52.97% of the total production.
Thus, CVE Chile is currently making a significant contribution of 2.52% to Chile’s solar segment.