The president of Chile, Gabriel Boric, has said that the government is now preparing a bill to establish a tender mechanism for large-scale energy storage facilities. The measure aims to maximize the use of renewable energy generated in the northern part of the country.
He said that the goal is to tender these storage systems by 2024 and have them operational by the end of 2026. The planned energy storage projects will be located in various sites in northern Chile, where most solar and renewable energy power plants are situated, requiring a total investment of $2 billion.
A spokesperson for Engie Group told Dialogue Earth that Chile is seen as one of its strategic countries for supporting the energy transition, which “entails the investment of USD 1.8 billion by 2027. Our plan in Chile considers incorporating 1.4 GW to reach 2 GW of installed capacity in clean energy, including 2 GWh in storage systems”.
Currently, 36 of the 129 large-scale projects Latin America projects with an energy storage component under development are in Chile, including 32 out of 71 of the region’s early works projects. The storage technologies either in use or being considered include:
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Why Chile’s Latest Tender Is a Big Deal for Renewable Energy Buffs If you’re in the energy storage game, Chile’s 2025 tender announcement is like spotting a rare bird in the …
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Between 2023 and 2030, 5.9 GW and 24.7 GWh of energy storage is forecast to be installed: • Chile’s administration considers storage strategic for the country’s goals (at least …
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Is Chile preparing a tender mechanism for large-scale energy storage facilities? The president of Chile, Gabriel Boric, has said that the government is now preparing a bill to establish a tender …
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The president of Chile, Gabriel Boric, has said that the government is now preparing a bill to establish a tender mechanism for large-scale energy storage facilities.
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The project is Atlas Renewable Energy’s first foray into battery storage technology, which the company sees as essential for increasing the share of renewable energy sources in …
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