The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.
Developer On.Energy is deploying 39MWh of battery energy storage systems (BESS) at airports across Latin America (LATAM), Energy-Storage.news can reveal.
Despite having the largest lithium reserves in the world, Latin America (LATAM) has lagged far behind other continents when it comes to setting up lithium-ion gigafactories.
Efforts by the Chilean government and US-headquartered energy infrastructure company AES Corporation will boost the Latin American country’s installed base of battery storage.
Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables.
Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.
