TrinaTracker, a subsidiary of leading Chinese solar manufacturer TrinaSolar, has inked a significant supply agreement with the Power Construction Corporation of China (PowerChina) for the 108MW Tepuy solar PV park located in Colombia. This collaborative deal underscores the growing prominence of solar energy in the South American region.
Under this agreement, TrinaTracker will supply its advanced Vanguard 1P trackers to the Tepuy solar project, in addition to software algorithm products and the Trina Smart Cloud platform for efficient project monitoring.
See also: Verano Energy Acquires 296MWp Solar Projects in Colombia, Expands On-Grid Portfolio in Latam
The Tepuy Solar project is being developed by the Medellin Electric Power Company, a Colombian electricity supplier, while PowerChina, a state-owned enterprise specializing in civil engineering and energy, will manage the engineering, procurement, and construction (EPC) contracts.
TrinaTracker's decision to provide tracking technology for this project aligns with the flourishing solar market in South America, which boasts an impressive 80% market penetration, significantly exceeding the global average of 45%. To bolster its presence in the region, TrinaTracker recently inaugurated a 2.5GW tracker manufacturing facility in Brazil, demonstrating its commitment to pursuing new solar ventures in South America.
This development follows the announcement of a partnership between US developer Atlas Renewables and Colombian Isagen to construct a massive 1GW PV project in Colombia. Furthermore, the Colombian government unveiled plans earlier this year to transform a 290MW coal generation plant into a solar-plus-storage facility, emphasizing the nation's commitment to renewable energy.
See also: Oracle Power partners with PowerChina for potential development of Thar Solar Project in Pakistan
PowerChina, with its expansive reach, has already established a substantial presence in South America. In March, the state-owned company announced its plans to develop a seventh solar PV plant in Brazil, with a capacity of 343MW. Across the Americas, PowerChina boasts projects in 11 countries, with a total capacity exceeding 300MW in Colombia alone, representing an investment of over US$100 billion.
