A lack of regulation and policy regarding BESS is challenging the growth of the technology in Latin America and the Caribbean.

CIP has reached final investment decision on a 220MW/1,100MWh battery energy system storage in Antofagasta, Chile.

IPP Grenergy has acquired a 1GW solar PV portfolio and 1GW of energisation lines in Chile which will allow the hybridisation of 6GWh.

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.

Nine projects pairing solar or wind with energy storage submitted environmental impact assessments in Chile last month.

Energy storage and EV infrastructure solutions firm NHOA has commissioned a 31MWh battery energy storage system (BESS) in Peru for multinational utility and IPP Engie.

A 290MW coal plant in Colombia will be entirely converted into a renewable energy site using a combination of solar PV and battery storage.