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.

EV and BESS company BYD will supply its product for a project from Grenergy in Chile which has been claimed as the largest energy storage project in the world.

The government of Chile has formed an entity to keep a majority stake in domestic lithium production with one of the two private companies that mine it, while also setting aside land for 13GWh of downstream energy storage projects.