CIP commences construction on 1.1 GWh battery energy storage project in Chile
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (CI GMF II), has taken the final investment decision (FID) on a 220 MW/1,100 MWh battery energy storage system in the Antofagasta Region of northern Chile. The project has issued final notice to proceed and will be one of the first projects of its kind to reach commercial operations in the country.
The Arena BESS facility, located in a prime solar region near transmission infrastructure and industrial clusters, has a storage capacity of 1,100 MWh. It will store excess daytime solar power to supply renewable energy at night, reducing the need for fossil fuels during peak demand and lowering CO2 emissions, while supporting the integration of large-scale solar projects into Chile's grid.
On-site construction will commence in Q1 2025 with the expectation to deliver power as soon as Q1 2026.
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September 30, 2024
Grenergy to expand 1 GW/4 GWh Solar and battery storage project in Chile
Grenergy has expanded the Oasis de Atacama project, with two new phases through the acquisition of 100% of 1GW solar, including a 1 GW energized line, from Repsol and Ibereólica.
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July 19, 2024
Financial close reached for 1 GW/4 GWh Solar & Battery energy storage hybrid project in Chile
Grenergy has reached a financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in northern Chile.
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March 22, 2024
Commercial Operation started for 638 MWh Battery Energy Storage system in Chile
ENGIE obtained approval from the National Electricity Coordinator (CEN) to start commercial operation of 638 MWh Battery Energy Storage system (BESS) located in the Antofagasta Region, Chile.
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January 26, 2024
PPA signed for 260 MW/1,100 MWh of solar-plus-storage in Chile
Grenergy has announced that it has signed a power purchase agreement (PPA) for 260 MW/1,100 MWh of solar-plus-storage in Chile.
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November 24, 2023
USD2.85 billion investment announced for Solar plus battery energy storage Project in Chile
Grenergy Renovables SA announced a EUR2.6 billion (US$2.85 billion) investment to start the construction of a gigawatt-scale battery energy storage system (BESS) known as the Oasis de Atacama project in Chile.
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