Abengoa to Build South America’s Biggest Solar-Thermal Plant
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Abengoa SA, the biggest developer of solar-thermal plants, won a contract to build a $1 billion project in Chile’s Atacama desert that will be the largest of its kind in South America.
The Cerro Dominador plant will have access to more than $500 million in loans from international agencies and as much as $20 million in state subsidies, the Chilean government said today in a statement.