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Etrion Corp is a renewable energy development company.

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Etrion Corporation (OTC: <a class="ticker" href="/stock/etrxf#OTC">ETRXF</a>), a solar independent power producer, today announced that it has completed construction of the 70-megawatt ("MW") Salvador project ("Project Salvador") in the Atacama region of Chile. Project Salvador is the world's largest solar power plant based on spot market electricity ("merchant") revenues and is the second-largest solar park connected in Chile.Marco A. Northland, Etrion's Chief Executive Officer, commented: "The 70 MW Salvador solar park was connected five months ahead of schedule and under budget thanks to the hard work of our local team and contractors. This project almost doubles Etrion's installed net capacity and is expected to significantly increase our annual cash flow. We look forward to advancing our 99 MW of greenfield solar development pipeline in Chile next year."Project Salvador is owned initially 70% by Etrion, 20% by Total (CAC: TOTF.PA) and 10% by a local developer. Total's affiliate, SunPower Corp. (NASDAQ: <a class="ticker" href="/stock/spwr#NASDAQ">SPWR</a>), was contracted for the engineering, procurement and construction of the solar park using SunPower Oasis™ Power Block technology. Construction-related activities began in December 2013, and the solar park was connected to the grid on November 3, 2014.

    <a href="http://www.benzinga.com/pressreleases/14/11/m4977342/etrion-announces-completion-of-70-mw-solar-park-in-chile">See full press release</a>

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Etrion Announces Completion of 70 MW Solar Park in Chile Using SunPower Oasis Power Block Technology

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