ATI commences company operations in Santiago
The capital city of Santiago, home to more than 6 million Chileans, will serve as the South American base of operations for Array Technologies, Inc., and the company's first sales office in Latin America.
2013 was a milestone year for Chile, as the government signed a new law requiring utilities to generate at least 20% of their energy from renewable sources by 2025, up from their previous obligation of 10% by 2024. In August 2013 alone, Chile's Foreign Investment Committee awarded land concessions for 17 projects totaling 604 MW of solar capacity. The current pipeline of approved solar projects reached 4 GW at the end of 2013, while the overall potential in Chile is currently estimated at 200 GW by solar industry experts.
"This upturn in renewable energy requirements positions Chile to be one of the principal solar markets of this decade and beyond," explains ATI Founder and CEO, Ron Corio. "Prime conditions for solar tracking ground mount projects, combined with the growing market potential makes this is an opportunity we simply could not ignore."
South America contact:
Business Development Manager
+56 9494 7595
About Array Technologies:
Array Technologies is the worldwide market leader in tracking solutions for utility, commercial and residential solar electric systems, with nearly 2 gigawatts shipped and installed across the globe. Array's innovation and leadership in ground mount fixed-rack and solar tracker design has established the industry standard for cost-effective, robust, reliable and easy to install PV solutions with over two decades of field experience. Headquartered in Albuquerque, NM, Array Technologies' ground mount solutions are engineered and manufactured in the USA. For more information about Array Technologies, Inc., please visit arraytechinc.com.