“The project has issued the final notification for its execution and will be one of the first projects of this type to reach commercial operations in Chile,” the company said in a statement. The 220 MW/1.1 GWh site is CIP’s first energy storage project in Chile.
This is CIP’s first energy storage project in Chile, but it is part of the company’s broader strategy to invest in renewable energy across Latin America. Through its Growth Markets Fund II , CIP has reaffirmed its commitment to sustainable development and the creation of long-term energy infrastructure in the region.
In Chile, CIP also has the HNH project, which in 2022 was one of the largest in the world for the production of green hydrogen and ammonia. To keep reading, please visit our ESS News website.
Danish investment fund CIP’s Growth Markets Fund II, has made a final investment decision on the Arena project, a BESS in the Antofagasta region of northern Chile.
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