Spanish developer and independent power producer (IPP) Zelestra has reached financial close for its hybrid 1GWh BESS and solar PV plant in Chile.

Utility and independent power producer (IPP) Engie has started commercial operations of its 48MW/264MWh battery energy storage system (BESS) Capricornio project in the northern region of Antofagasta, Chile.

Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.

The first two phases of Latin America’s ‘biggest’ solar-plus-storage project, Oasis de Atacama, have been commissioned in Antofagasta, Chile.

Greek renewables developer Metlen Energy & Metals has secured three battery energy storage system EPC contracts in Chile.

US residential solar installer Sunrun ended 2024 with an energy storage attachment rate of 62% in the fourth quarter of the year.

A utility in Dubai, UAE, has launched launched an expressions of interest (EOI) call for a solar and storage project.

The Nature Conservancy (TNC), Sun Tribe and ENGIE will deploy a solar and battery storage portfolio at former coal mine sites in the Appalachians, US.

Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects.

The US Department of the Treasury and the Internal Revenue Service (IRS) have released final rule for the Clean Electricity Investment and Production Tax Credits – also known as the technology-neutral credits.