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).

Utility and independent power producer (IPP) Engie has started commercial operations of a 139MW/638MWh battery energy storage system (BESS) in the northern region of Antofagasta, Chile.

Atlas Renewable Energy has signed a PPA with state-owned mining company Codelco to deliver 375GWh a year from a solar-plus-storage project in Chile.

Spain-headquartered Ingeteam has landed a deal to provide power conversion system (PCS) equipment for a solar-plus-storage in Chile with, according to its developer Grenergy, the world’s largest BESS.

Optimising co-located BESS is “much more complicated” than standalone and few companies can do it well, panellists on Day 2 of Solar Finance & Investment Europe (SFIE) said.