Chile

Enel Chile launches 67 MW BESS system in Santiago

November 7, 2024

Enel Chile will soon begin commercial operations of the 67 MW El Manzano battery energy storage system (BESS) in the Santiago Metropolitan Region. This finalizes Enel Chile’s first energy cluster in the capital region, combining the BESS with a nearby solar farm. Source: PV Magazine LATAM

Copenhagen Infrastructure Partners advances the Arena Project, one of Chile’s first large-scale energy storage systems

October 10, 2024

Copenhagen Infrastructure Partners (CIP) has committed to moving forward with the development of the Arena Project, a 220 MW Battery Energy Storage System (BESS) in northern Chile’s Antofagasta region. As one of the first large-scale standalone energy storage projects in the country to enter commercial operations, it aims to shift excess solar energy for nighttime […]

IDB Invest structures US$2.4 billion facility to support Chile’s power generation sector, marking record mobilization of private resources

October 10, 2024

IDB Invest had structured a US$2.4 billion facility to support Chile’s power generation sector. This initiative represents the largest mobilization of private resources in IDB Invest’s history and aims to ensure financial stability for power companies and a controlled transition to market prices, benefiting vulnerable consumers. Source: IDB Invest

Grenergy acquires 1 GW solar PV portfolio to boost Oasis de Atacama Project, increasing BESS capacity to 11 GWh

September 26, 2024

IPP Grenergy has acquired a 1 GW solar PV portfolio, massively expanding the Oasis de Atacama solar-plus-storage project, the world’s largest battery energy storage system. The US$128 million investment will increase BESS capacity from 4.1 GWh to 11 GWh and double solar PV capacity from 1 GW to 2 GW. Source: Energy Storage

UKEF and Corfo Partner to finance green hydrogen projects in Chile

September 26, 2024

UK Export Finance (UKEF) has partnered with Chile’s economic development agency, Corfo, to jointly finance green hydrogen projects in Chile. UKEF has over US$6.57 billion available for Chilean businesses using UK goods and services in these projects, with loans offered in Chilean pesos. Source: Renewables Now

AES Andes submits proposal for 581.46 MWp solar project with 809.22 MW BESS in Chile

September 12, 2024

AES Andes has submitted a proposal to the Environmental Assessment Service of the Tarapacá region of Chile for 581.46 MWp of solar capacity and a battery storage system (BESS) of up to 809.22 MW.  Source: PV Magazine LATAM

Easter Island utility seeks bidders for 2.994-MW solar and battery storage project

September 12, 2024

Sasipa, a state-owned utility on Chile’s Easter Island, has issued a call for expressions of interest for a 2.994-MW solar photovoltaic plant paired with a battery energy storage system of at least 2 MWh. This project aims to reduce the island’s reliance on fossil fuels. The selected bidder will be responsible for the design, construction, […]

AES Andes submits potential US$3 billion solar and energy storage projects for environmental evaluation in Chile

September 12, 2024

AES Andes SA has submitted three solar photovoltaic projects for environmental evaluation in Chile, representing a potential investment of US$3 billion. Each project includes significant battery energy storage systems (BESS). Source: Renewables Now

First phase of US$11 billion green hydrogen project in Chile files for environmental approval

August 15, 2024

The first phase of a US$11 billion green hydrogen and green ammonia project in Chile, led by Copenhagen Infrastructure Partners (CIP) and two Austrian firms, has been submitted for environmental approval. Source: Renewables Now