2 minutes reading time (377 words)

BYD to supply 1.1 GWh of batteries for 'world's largest' BESS project in Chile

Image for representation purposes only. Source: BYD Singapore

Spanish RE developer Grenergy Renovables, which is developing its flagship BESS project 'Oasis de Atacama' in Chile, has signed recently a supply agreement with the Chinese battery major BYD for battery energy storage systems for what is claimed as the world's largest battery storage project. 

With 1 GW of solar PV and 4.1 GWh of energy storage capacities, the project is expected to come on stream in multiple phases, helping to improve grid stability and decarbonize the power sector in the country. A clear timeline for attaining its full capacity is not announced yet. 

"The agreement with a leading company like BYD demonstrates our firm commitment to energy storage and represents a major step forward in securing the supply needed to be able to develop and build the battery projects we have recently announced," said David Ruiz de Andres, CEO of Grenergy. 

...

AES Andes operationalizes 180MW solar/112MW battery storage system in Chile 

AES Andes has began commercial operations of Andes Solar llb, a 180MW solar/112MW battery storage system – the largest in Latin America so far.

As per the agreement, BYD will supply 2,136 MC Cube ESS units meant to deployed in the first and second phases of the project slated for operation in 2024 and 2025 respectively.

The 'Oasis de Atacama' project marks the start of Grenergy investment plans for energy storage in global markets. The company has announced a global investment of €2.6 billion until 2026, including an €800 million strategic commitment to boost battery storage, targeting 4.1 GWh of storage portfolio in total.

Independent power producers (IPP) like Grenergy are finding the Chilean market viable for adding storage capacities to existing and upcoming solar PV projects, thanks to the intermittency in solar energy generation in the country.

...

Sungrow signs 60MW/ 132MWh ESS contract for Maria Elena solar park in Chile 

Sungrow has recently signed a contract with the Investment Fund WEG-4 to install 60MW/ 132MWh of its liquid cooled energy storage system (ESS) - the PowerTitan - at Maria Elena Solar Park in Antofagasta, Chile.
Author : Dhiyanesh Ravichandran
IESA pre-Budget recommendations to strengthen Indi...
GODI plans 12.5 Gwh cell factory in Telangana
arrow_upward