Chile utility Colbun has faced a setback with its 800MW pumped hydro energy storage (PHES) project, after its environmental impact assessment (EIA) process was terminated early having been deemed to have not provided enough information.

Investor SUSI Partners will fund the development of a battery energy storage system (BESS) portfolio in Chile, totalling 860MW of power and and up to 3.5GWh of energy storage capacity.

Independent power producer (IPP) Atlas Renewable Energy discussed its large-scale BESS projects in Chile, where gigawatts of projects are expected to come online in the next few years.

Independent power producer (IPP) Grenergy has reached financial close on phase one and two of its Oasis de Atacama BESS and solar project in Chile, which will eventually reach 4.1GWh.

Chile has passed new regulations around capacity market payments to energy storage, coinciding with a major project announcement from CJR and Sungrow.

Innergex Renewable Energy has started operating a 35MW/175MWh battery energy storage system (BESS) in Chile, its second large-scale BESS in the country.

The Chilean Ministry of Energy has opened a public land bidding auction seeking 13GWh of standalone energy storage projects.

The spinout and change in ownership of Mitsubishi Power Americas’ energy storage activities into standalone unit Prevalon will make it as ‘nimble and fast-moving as possible’, its CEO said, while not ‘chasing market share for the sake of market share’.

Global utility and IPP Engie will build a 116MW/660MWh battery energy storage system (BESS) at the former site of a coal plant it operated in Chile.

Atlas Renewable Energy has signed a power purchase agreement (PPA) with COPEC to deploy a 200MW/800MWh battery energy storage system (BESS).