Image: Grenergy Grid constraints have prevented Chile from maximising the potential of its world-class solar resources. Energy storage has, therefore, become a necessity to ensure the financial viability of PV projects, writes Jonathan Tourino Jacobo.
For solar projects in Chile, developers and financiers face reduced risk due to the dispatch system that favours renewables with no fuel costs. The merchant risk is arguably limited, as plants are dispatched in order of their cost of generation to ensure lowest available cost electricity supply.
This project alone nears the capacity (13GWh) the Chilean Ministry of Energy sought in a public land bidding auction for standalone energy storage projects in May of 2024. Chile has been one of the countries at the forefront of the renewable energy transition in Latin America, first with solar PV and now with BESS.
During the Energy Storage Summit Latin America (ESS LatAm) in October 2024, Ana Lía Rojas, executive director at the Chilean renewable energy and energy storage association (ACERA), explained how the current levels of curtailment in Chile, which could end up at approximately 5TWh in 2024, could power up to 3.4GW of 4-hour duration energy storage.
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Chile has reached fresh milestones in its energy transition amid a rapid build-out of solar and battery storage infrastructure. The context: The South American nation’s brisk shift …
Energy storage can mitigate constraints that have prevented Chile from maximising the potential of its world-class solar resources.
Chile’s copper mining sector, facing water scarcity and high-altitude operational challenges, deployed solar containers to power exploration camps and groundwater monitoring systems.
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Energy storage can mitigate constraints that have prevented Chile from maximising the potential of its world-class solar resources.
Chile’s booming solar energy market in 2025, with policy support, industrial trends, and MOTOMA’s turnkey solar + storage solutio for mining, agriculture, and residential secto.
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Chile has reached fresh milestones in its energy transition amid a rapid build-out of solar and battery storage infrastructure. The …
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The Copper Connection Mining accounts for 11% of Chile''s GDP, but operations in the Andes often face power outages. Last month, Codelco reported losing $1.2 million daily during a 72 …
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