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Solar park to be China’s biggest investment in Chile
Brief:Sky Solar and Sky Solar will announce the $900 million deal tomorrow in the presence of Chinese Premier Wen Jiabao, who will visit Santiago as part of a South American tour.
Chinese renewable energy company Sky Solar, state-backed China Development Bank and Chilean industrial group Sigdo Koppers plan to make a Chinese firm's biggest investment in the Andean country: a $900 million solar energy park.

The government aims to add some 8,000 megawatts of installed capacity by 2020 to the country's current 17,000 megawatt power matrix.
Leading copper consumer China has made relatively few major investments in Chile, despite being its main trade partner and sharing a free trade agreement.

Sky Solar, the China Development Bank and Sigdo Koppers will ink an agreement later on Tuesday to develop the300 MW solar energy project over the next three years.

Chinese Premier Wen Jiabao is in Chile in the last leg of an official visit to Latin America.

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