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Madeco by Nexans is awarded a contract to supply cabling solutions to photovoltaic project in Antofagasta in Chile
Dec 13, 2021- Nexans will supply 1,595 km of electrical cables, for the interconnection of solar panels, to the Finis Terrae Extension photovoltaic project.
- This photovoltaic park will provide with electricity the equivalent to the consumption of 190 thousand homes.
Paris, November 2021 – Madeco by Nexans takes an important step in the group's goal of providing innovative products and services to provide solutions to the challenges of electrifying the future, promoting the transition to renewable energy. Enel Green Power and GES, the project’s main contractor, have placed its trust in the French group for the supply of 1595 km of electrical cables for the interconnection of the solar panels of the Finis Terrae Extension photovoltaic project in Antofagasta.
With this important work the company reinforces its presence in the rapidly growing non-conventional renewable energy (NCRE) segment throughout the country and the world, in accordance with the Group's pledge to combat climate change.
“The greatest benefit for the customer is to obtain a cable specially designed for the application with a fast track delivery time” states Miguel Fernández, Commercial Manager at Madeco by Nexans, adding that the company can really support that challenge in the market. “as the Group provides a wide range of innovative solutions associated to this type of projects, like specialized cables, connectors, trackers, and so on”.
Finis Terrae photovoltaic project
Finis Terrae is a photovoltaic solar park divided in two stages. In the second stage, the aim is to increase the installed power by 126 MW to reach a total of 286 MW. Is located in the Antofagasta region and an annual production of 389 GWH is estimated, equivalent to the consumption of 190 thousand homes.
Once the Finis Terrae Extension solar park becomes fully operational, it will prevent the emission of 162.800 tons of carbon dioxide per year, thereby contributing to Nexans' challenge of reducing the carbon footprint at a global level.
Currently in Chile there are a large number of photovoltaic projects under construction, which add up to more than 3.3 GW of power and correspond to approximately 66% of the generation initiatives for this stage. In the future, these projects are expected to continue increasing, since the government's goal is to achieve 100% clean energy by 2050.
Madeco by Nexans is a company with 75 years of history in the Chilean market, dedicated to the production of copper cables and to the creation of added value to the main Chilean export product.
About Nexans
For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrify the future. With around 25,000 people in 38 countries, the Group is leading the charge to the new world of electrification: safe, sustainable, renewable, decarbonized and accessible to everyone. In 2020, Nexans generated 5.7 billion euros in standard sales.
The Group is a leader in the design and manufacturing of cable systems and services across four main business areas: Building & Territories, High Voltage & Projects, Industry & Solutions and Telecom & Data. Nexans is the first company of its industry to create a Foundation supporting sustainable initiatives bringing access to energy to disadvantaged communities worldwide. The Group pledged to contribute to carbon neutrality by 2030.
Nexans. Electrify the future.
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