Despite having the largest lithium reserves in the world, Latin America (LATAM) has lagged far behind other continents when it comes to setting up lithium-ion gigafactories.
Efforts by the Chilean government and US-headquartered energy infrastructure company AES Corporation will boost the Latin American country’s installed base of battery storage.
Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables.
Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.
Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines.
Engie Chile has been awarded rights to develop two hybrid projects in Chile that will combine solar, wind and battery storage and have a combined capacity of 1.5GW.
Local subsidiaries of international energy companies Engie and Canadian Solar have been among the bidders in a tender for battery storage systems in Colombia.
A joint venture (JV) partnership to develop and construct long-duration liquid air energy storage (LAES) projects at scale in Latin America has revealed plans for its first project.
Energy-Storage.news was delighted to host a sponsored webinar with Honeywell Process Solutions looking at how technology, combined with world-class performance guarantees, can help de-risk and monetise energy storage assets across the Americas.
