Zelestra has reached financial close on its landmark Aurora hybrid project in Chile’s Tarapacá region. The USD 282 million package, arranged by Natixis CIB and BNP Paribas with VAT support from BCI, supports a 220 MW_dc solar PV plant combined with a 1 GWh battery energy storage system (BESS) — one of Latin America’s largest such projects. Construction is already underway under Zelestra’s in-house EPC team, with battery deliveries expected in Q4 2025. Upon completion, the hybrid system will generate approximately 600 GWh annually—enough to power around 200,000 Chilean homes—and deliver night-time renewable energy to Abastible via a long-term PPA.
This deal highlights Zelestra’s financial strength and technological leadership in delivering large-scale, multi-technology renewables: the company now manages a 7 GW+ portfolio across Latin America, with 1.7 GW already contracted or operational
Country updates
-
-
April 01, 2025
Contourglobal inaugurates Quillagua solar plant with battery storage in Chile
ContourGlobal inaugurated the Quillagua photovoltaic solar plant with 221 MWp of installed capacity and 1.2 GWh of storage located in the municipality of Maria Elena, in the Antofagasta region, C...
Read more -
December 10, 2024
First phase of 2 GW/11 GWh solar-plus-storage project in Chile nears completion
Grenergy has announced that 105 BYD batteries have arrived at the Chilean port of Iquique to complete the first phase of the Oasis de Atacama solar and storage project in northern Chile.
Read more -
October 10, 2024
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 Antof...
Read more -
September 27, 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.
Read more -
September 06, 2024
SASIPA kicked off tender for 3 MW/2 MWh solar-plus-storage project on Easter Island
Sociedad Agrícola y Servicios Isla de Pascua (Sasipa), a state-owned multi-service utility on Chile’s Easter Island, has issued a call for expressions of interest (EOI), seeking to identi...
Read more
