The project totals 190. 5 MWp of solar energy and 2,500 MWh of battery energy storage system capacity. It will help expand solar power capacity, improve grid reliability, support coal phase-out, attract investment, and lower energy costs. . Between 2023 and 2030, 5. 9 GW and 24. 7 GWh of energy storage is forecast to be installed: • Chile's administration considers storage strategic for the country's goals (at least 60% of renewables by 2030, 100% by 2050). It proposed a law to allow the tender of 2 GW of BESS at a $2 billion cost. . Chile will need new renewable energy storage systems to replace its current backup capacity of coal-fired plants and natural gas-powered combined cycle turbines and improve the reliability of the country's electric grid as it pursues new renewable energy generation. Chile has the potential to run. . Supreme Decree No. 62 (DS 62), which regulates the capacity payment, also called sufficiency power, in Chile. This modification introduces significant changes in the recognition and compensation of energy storage systems. . A Comprehensive White Paper for Investors, Developers, and Mining Operators Navigating Chile's Transformative Energy Landscape As we approach 2026, Chile stands at a decisive juncture in its energy transition, presenting unparalleled opportunities for stakeholders in the storage and mining sectors. . If you're in the energy storage game, Chile's 2025 tender announcement is like spotting a rare bird in the Atacama Desert—exciting and packed with potential. With a $33 billion global energy storage industry already generating nearly 100 gigawatt-hours annually [1], Chile aims to carve its niche as. . Through strategic partnerships, Fluence has deployed multiple generations of its advanced Gridstack battery storage technology over more than a decade, across multiple projects in the country, delivering various benefits: 1. ENABLING RENEWABLE INTEGRATION The ability to store and dispatch large. .