Developer Flexen has put 1GW of standalone battery energy storage system (BESS) projects into the interconnection queue in Chile, the first of that scale in the country, the firm claimed.
The Chilean arm of France-based multinational utility Engie has started construction on a 68MW/418MWh battery energy storage system (BESS) at an operational solar PV plant.
AES Andes, a subsidiary of US multinational AES Corporation, has completed the largest battery system project in Latin America with an output of 112MW.
The government of Chile will launch a bill this year to procure large-scale energy storage systems for commissioning in 2026 totalling US$2 billion of investment, on top of 5GWh already being sought for 2027-28.
The Inflation Reduction Act could “suck the oxygen out” of the Latin American (LatAm) energy storage market, the CEO of pan-American energy storage firm On.Energy said.
The president of Chile has proposed boosting state control over its lithium reserves, sending the share prices of companies involved in the extraction industry tumbling.
The local subsidiary of global energy firm AES has submitted an EIA for a hybrid renewables plant in Chile with over 3,000MWh of battery energy storage capacity.
