Chile: BESS as an answer to solar curtailment, grid
The current wave of excitement around Chile''s BESS market started in October 2022, when the Chilean government passed legislation
Several technological innovation can help develop solar and storage projects in Chile. This includes AI, smart grids, and energy storage innovations. Chile generates over 60% of its electricity from renewable sources, with the Atacama Desert hosting some of the world's most powerful solar farms.
Advanced solar photovoltaic (PV) technology —these include bifacial solar panels, high-efficiency inverters, and solar tracking systems. They enable real-time grid support and improve power quality in Chile. Energy storage innovation —1 GWh lithium-ion batteries store excess solar energy for use during peak demand.
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.
Integrating solar energy and storage technologies is crucial for addressing the intermittency and grid stability in Chile. Key projects include Cerro Dominador, solar and PV hybrid, Zelestra's 220 MW solar and 1 GWh battery project, and AES Andes solar and battery storage hub.
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