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.

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.

A roundup of the biggest projects, financing and offtake deals in the energy storage sector that we have has reported on this year.

Spain-based developer and IPP Grenergy has detailed its investment plans for 2023-2026, totalling US$2.6 billion including what it claimed is the ‘largest BESS in the world’ in Chile.