The project, developed by Sojitz Corporation and Shikoku Electric Power Co. through their subsidiary AustrianSolar Chile Cuatro SpA ("ASC4"), is set to commence construction in the first quarter of 2025. . Chile is one of the countries in South America with massive natural resources supporting renewable energy. With the global energy transition, most countries and companies are looking into Chile's resources. Chile has resources for solar, wind, hydropower, and geothermal energy. For instance, MELTEN. . Chile stands as a global beacon for solar energy, boasting the world's highest solar irradiance in its Atacama Desert. With a target to achieve 100% renewable energy by 2050, the Chilean market has attracted a diverse array of international and local solar companies. e-STORAGE will provide and integrate its advanced SolBank 3. 0 energy storage solution for. . Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed. Spanish independent power producer (IPP) Grenergy said on Monday (6 January) that green project financing deals worth US$324 million have been. . The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile. This is the first energy project for the utility in the central region, where the capital Santiago is located, and will include a 199MW battery energy. . BESS Coya marks a new milestone in the decarbonization process that Chile is implementing. The National Electricity Coordinator has authorized the start of operations at BESS Coya, the largest battery-based energy storage system in Latin America. Owned by ENGIE Chile, the plant is located in María. .