Chile''s first battery energy storage projects were commissioned in 2009, and all but two of its 16 administrative regions have facilities in operation, under construction or in the planning stage. The greatest installed capacity is
The Chilean authorities plan to hold the first procurement exercise for large-scale storage projects in 2024, with the first systems expected to go online in 2026.
A subsidiary of global power infrastructure group Glenfarne is acquiring more than 2 GW of dischargeable solar and battery storage capacity both operating and under
Spanish vertically integrated renewables company Grenergy Renovables SA (BME:GRE) on Tuesday held its first Capital Markets Day, announcing a EUR-2.6-billion (USD 2.85bn) investment effort by 2026 and the
The Diego de Almagro Sur BESS project in Chile''s Atacama region will utilize e-STORAGE''s SolBank 3.0, a proprietary battery energy storage solution.
The Diego de Almagro Sur BESS project in Chile''s Atacama region will utilize e-STORAGE''s SolBank 3.0, a proprietary battery energy storage solution.
A trio of major BESS news in Chile, with Canadian Solar winning a supply contract, Metlen selling a project and Atlas securing financing.
Our researchers forecast that average battery prices could fall towards $80/kWh by 2026, amounting to a drop of almost 50% from 2023, a level at which battery electric vehicles would achieve ownership cost parity with
The battery project, located in the Arica y Parinacota region, will have capacity of 228 MW for 4 hours and is expected to come into operation in mid-2026, helping to strengthen
Chile received 15 standalone battery storage projects that were submitted for environmental approval, the projects combined involve a total investment of US$1.93 billion.
CVC DIF, the dedicated infrastructure investment strategy of leading global private markets manager CVC, is pleased to announce that it has agreed to acquire the
The global floor-standing battery charger market is experiencing robust growth, driven by the increasing demand for reliable power backup solutions across diverse sectors.
Verano Energy has successfully closed financing for its Domeyko Solar + Battery Energy Storage System (BESS) project, an 83 MWp solar plant with 660 MWh of
Construction is already underway, with commercial operation expected in the first half of 2026. Notably, the phase will utilize over 220 CATL EnerX battery containers, featuring
Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ''largest BESS in the world'' in Chile.
With this PPA, Atlas will supply Codelco, the world''s largest copper producer, with nearly 375 GWh/year for 15 years. Atlas will be developing, constructing and operating a new renewable energy project with an integrated
"The project has issued the final notification for its execution and will be one of the first projects of this type to reach commercial operations in Chile," the company said in a statement.
The bulk of BESS announcements in Chile concern new installations, most of them solar-plus-storage sites although some standalone battery storage projects do exist.
The anticipation of the capacity market, the high energy spreads, and the lack of an ancillary services market in Chile has led project owners to develop large projects (100MWh+) with longer-duration batteries
Greek renewable developer Metlen Energy & Metals has agreed to sell its Chilean solar-plus-storage portfolio to Glenfarne Asset Company for US$815 million. This
Upcoming capacity payment and expected BESS revenues in Chile All Chilean energy storage players, ranging from IPPs to PCS providers, are now closely awaiting the
The global shift towards renewable energy sources has spotlighted the critical role of battery storage systems. These systems are essential
A recent analysis by Aurora Energy Research, a global power market analytics provider, examines the economic drivers of battery storage in Chile, including optimal duration, cycling,
The project will greatly increase Chile''s lithium production capacity while strengthening the country''s standing in the expanding global market. Rio Tinto plans to start initial exploration activities and environmental
The Zaldivar Project, located in Antofagasta Region, is currently at mid-stage development. The project is expected to start construction in 2024 and reach commercial
The project is currently under construction in Northern Chile and comprises 272 MW of installed solar PV capacity and 1,100 MWh of battery storage. The investment highlights
A new power sufficiency regulation, which essentially operates as a capacity mechanism – a method of securing enough generation and storage assets to guarantee
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All projects are slated for delivery by the first quarter of 2026. In addition to the EPC work, Metlen is also developing its own battery storage project in Chile with a capacity of 1,607 MWh. That project, called Mesembria,
Finances secured for development of first stage of massive solar and battery project that will total 4.1GWh once all five phases are completed.
With transmission lines at overcapacity and permitting delays slowing the development of new grid infrastructure, battery energy storage systems (BESS) have surged as a profitable alternative for Chilean power producers.
According to estimates of the national electric system of Chile (SEN) cited by Americas Market Intelligence, the country will have 13.2 GWh/ 2 GW (6–8-hour duration) of operating energy storage by 2026. The northern regions of Antofagasta and Atacama account for nearly 5GW of the BESS pipeline.
Chile is exploring a variety of solutions to keep abreast of the changing energy demand landscape ranging from BESS to innovative projects using CO2. In March 2024, BESS Coya, the largest battery-based energy storage system in Latin America, started operations.
This momentum is reflected in the data: AMI estimates that there is a 7.7 GW pipeline of BESS projects in Chile, far and away the most advanced front of the meter (FTM) storage market in Latin America. 1 Only 505 MW of BESS projects are currently operational in the entire region.