Finnish investor Korkia to strengthen its position in Chile - partners with Ciudad Luz to kickstart new project development in Latin America
Finnish renewable energy investor Korkia and Chilean developer Ciudad Luz have established a joint venture to develop 500MW of solar, wind and hybrid projects in Chile over the course of four years. The projects will also include energy storage to help provide more reliability to the Chilean grid.The plans for the cooperation include solar, wind, hybrid and storage projectsin both utility-scale as well as PMGDs. The projects will be developed across Chile in locations suitable for the deployment of new NCRE projects and the technology will be carefully selected in order to contribute to