Czech renewable energy company Solek Group announced that its Chilean subsidiary SolekLatam Holding has signed a framework agreement to develop solar energy projects in Chile. Under the terms of the agreement, the solar projects will be sold to BlackRock's Global Renewable Energy Fund III (GRPIII) upon completion of development.

Solek will provide operations and maintenance services for the project, while AedilesCapital will oversee asset management on behalf of GRPIII. Zdeněk Sobotka, founder and CEO of Solek Group, said: “BlackRock is a leading investor in the global renewable energy space, which means we are building a relationship with a stable and well-known partner who will create a A long-term channel." This is an important strategic step in establishing cooperation with leading infrastructure investors who are key to the further development of the Solek Group, not only in Chile but also in other countries. "

The deal will enable Solek to develop up to 28 photovoltaic (PV) power plant projects with a combined capacity of up to 200MW. At present, the project with a total installed capacity of 90.5MW is under preparation. All projects will be developed and connected under the PMGD/PMG Distributed Generation Project Program in Chile. They are designed to meet growing electricity demand and help the country strive to become carbon neutral by 2050. Keywords: engineering construction, engineering news

"We look forward to working closely with Solek's experienced and active team in Chile," said David Orellana, partner at Aediles Capital. Solek Holding, based in Prague, has so far developed power plants in four countries in Europe and South America. The company plans to develop the 96MW Leyda Solar PV Park in Valparaiso, Chile, in partnership with the Chilean Photovoltaic Power Company. The ground-based solar project is currently in the permitting phase and is expected to be commissioned next month.Editor/XingWentao