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TORS drives wind and PV projects renewables Hispanic arrived in Chile in first foray outside

The company opened a subsidiary in the country to develop wind energy projects and plans to invest U.S. $ 41.7 million in this type of energy.

Paleo

Daniela R.

Renewable Torsa The English company dedicated to developing and operating renewable energy projects, opened its first branch outside of Spain, in Chile.

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Besides Power, a company formed by the lawyer José Manuel Domínguez and Rodrigo Mena, Torsa Chile SA was formed, through which the first measurements will be conducted for projects eólicosdurante the first half of 2011.

Hispanic Since the matrix indicated that the intention of the firm, through Torsa Chile SA, is to grow steadily in the country, two sites beginning immediately, to go choosing other later. "The idea is to promote wind around 30 MW, with an investment of approximately EUR 30 million park, equivalent to approximately U.S. $ 41.7 million," they said.

Renewable Torsa president, Mariano Barroso Flores said from Spain which is the first time that the firm invests abroad in the promotion of wind farms. In this regard, said the security offered by Chile for the development of projects. "We believe there is much to develop and we see great interest in Chile, both from the private side and from the institutions to initiate a major development in the renewables sector, "he said.

Initial investment and Rodrigo José Manuel Domínguez Mena, directors of the subsidiary in Chile, commented that the investment for this year will be 400,000 euros ($ 270 million), which is aimed at the creation of an office in Santiago, installation of four measurement towers at strategic locations on the coast of Chile and studies of the results. "We hope that six months of installation of the four towers, this number multiply by three, "said Mena.

addition, employers have estimated forward work on projects from 20 MW to over 100 MW. "We plant factors rather high, the English parent's policy, the development of wind powerful," the Chilean partners. So far, Renewable Torsa has focused on the promotion of renewable energy production facilities in Andalusia, Spain. The president explained that his experience energy in wind farms is based on the construction of 150 MW (3 wind farms in total), of which "operate 80 MW in 2 parks, all in the province of Cadiz, Andalusia," said Barroso.

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