During the opening address of Energy Storage Summit Latin America 2025, in Santiago, Chile, the Chilean Minister of Energy Diego Pardow Lorenzo said the country was most likely set to surpass its 2050 targets in 2027.
Grenergy has secured a senior non-recourse financing agreement worth US$270 million for Phase 6 of its flagship Chilean solar-plus-storage project, Oasis de Atacama.
AES Andes, part of the US-based energy giant AES, has launched construction on two hybrid renewables-plus-storage projects in Chile with 2.2GWh of co-located BESS.
Utility and independent power producer (IPP) Engie has started commercial operations of its 48MW/264MWh battery energy storage system (BESS) Capricornio project in the northern region of Antofagasta, Chile.