Grenergy has secured a senior non-recourse financing agreement worth US$270 million for Phase 6 of its flagship Chilean solar-plus-storage project, Oasis de Atacama.

Chile is leading Latin America’s wave of energy storage adoption, closely linked to its embrace of solar PV.

AES Andes, part of the US-based energy giant AES, has launched construction on two hybrid renewables-plus-storage projects in Chile with 2.2GWh of co-located BESS.

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.

BYD will supply more than half of the total battery storage capacity at developer Grenergy’s 11GWh Oasis de Atacama project in Chile.

Developer and independent power producer (IPP) Zelestra has ordered 1GWh of BESS technology plus PCS equipment from Sungrow for a project in Chile.

Chile, China and Australia drove global BESS deployments in April, a month which saw nearly 9GWh of grid-scale capacity enter commercial operations.

Atlas Renewable Energy has inaugurated a 200MW/800MWh BESS project in Chile, which it claimed is the ‘first large-scale standalone BESS’ in the country and the wider Latin American region.