In March 2024, BESS Coya, the largest battery-based energy storage system in Latin America, started operations. The facility is located in the Antofagasta region and has a storage capacity of 638 MWh, with 139 MW of installed capacity. [pdf]
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Air energy storage projects are approved through a series of regulatory processes and stakeholder engagements that ensure environmental, economic, and social considerations are met. 1. Initial Proposal Submission, 2. Environmental Review, 3. Community Engagement, 4. Final Approval from Regulatory Bodies. [pdf]
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The Senate of Chile has unanimously passed major legislation which will incentivise the deployment of energy storage and electric vehicle (EV) technology. The Senate announced that the bill was passed “without changes and unanimously” last week (20 October), and is now ready to be enacted into law. [pdf]
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As global renewable energy capacity surges – predicted to hit 13 billion kilowatts by 2024 in China alone – energy storage equipment manufacturing has become the unsung hero of our green energy transition [10]. [pdf]
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