Batteries & Storage
Energy storage and backup systems.
Batteries in Chile: grid operator scheduling may be limiting their revenue, and DS 32 gives until 2029 to change it
An analysis by consultancy Vinken warns that batteries in Chile discharge on a schedule that does not adapt in time: on 12 and 13 October the real price in their discharge hours was US$2.8/MWh versus US$41/MWh expected. Supreme Decree 32 sets 24- and 36-month deadlines for new rules.
Chile has 32 battery projects under construction and could reach its 6,000 MW storage goal in early 2027
Chile's Ministry of Energy counts 32 battery projects under construction, with 3,702 MW, 15,398 MWh and US$3.172 billion: more investment than all power plants being built. With 3,123 MW operating and 3,459 MW in testing, the 6,000 MW goal would be met in early 2027.
Verano Energy secures US$187 million for Observatorio: 123 MWp of solar and a 600 MWh battery in Chile
Verano Energy closed US$187 million in green loans, coordinated by MUFG with support from Scotiabank, to build Observatorio in Marchigüe, O'Higgins: 123 MWp of solar and a Sungrow battery of about 600 MWh. It will sell its power to Copec Emoac and targets operation in 2028.
Batteries now supply 5.1% of Chile's electricity and overtake four renewable technologies
Battery systems injected 5.1% of the power system's energy between January and September 2026 and 7.9% in September, more than biomass, geothermal and small hydro plants, according to ACERA.
Chile's antitrust regulator FNE clears takeover of AES, owner of AES Andes, by BlackRock's GIP and EQT
Chile's National Economic Prosecutor's Office cleared without conditions the purchase of AES Corporation by BlackRock's GIP and EQT, a US$33.4 billion deal. It reviewed generation, transmission, batteries and data centres in Chile.
Chile's Estela Solar plant, formerly Aurora, hits 201 MW in tests and its 935 MWh battery delivers 919 MWh
Test reports published by Chile's grid operator show Promigas' Estela Solar plant in Pozo Almonte reached 201.08 MW net and that its 187 MW, 935 MWh battery delivered 919 MWh over five hours.
The largest battery in the world 2026: ranking of the biggest energy storage systems
The largest battery system in operation belongs to the Saudi Electricity Company, at 7.8 GWh across three sites. At a single location, Khavda (India) reached 6.63 GWh. Ranking of the world's largest batteries in 2026 and where Chile stands.
Largest lithium producing countries 2026: world ranking and where Chile stands
Australia is the world's largest lithium producer, with 92,000 tonnes in 2025, followed by China (62,000) and Chile (56,000), according to the USGS. Global output grew 31%. Country ranking and reserves.
Chile's lithium exports nearly triple to USD 4.745 billion between January and September 2026
Chile exported USD 4.745 billion of lithium from January to September 2026, almost three times as much as a year earlier and 98% more than in all of 2025. Carbonate, sulphate and hydroxide, destinations and context.
Chile has 12,188 MW of projects waiting to connect to the grid, and BESS batteries make up 62%, according to the grid operator
Chile's grid operator reported 320 projects in the connection process, with more than 12,188 MW. BESS battery systems account for 7,561 MW, concentrated in Antofagasta. Figures by technology and region.
Lithium reserves in the world: 2026 ranking by country and where Chile stands
Chile has the world's largest lithium reserves: 9.2 million tonnes, 25% of the total, according to USGS 2026. Ranking of reserves, production, resources and how many years they would last.
Grenergy closes US$457 million for Algarrobal and Palmas: 446 MW of solar and 1.8 GWh of batteries in Chile
Grenergy closed its largest financing: US$457 million for 446 MW of solar and 1.8 GWh of storage in Chile. Algarrobal, the fifth phase of Oasis de Atacama, adds 242 MW and 1.5 GWh.
Chile's CNE approves 2026 urgent transmission works, including a 200 MW battery at Tineo
The CNE approved two urgent works worth US$77 million: a 200 MW / 400 MWh battery at the Tineo substation and a line upgrade in La Araucanía. What they are and why they matter.
Chile surpasses 3,000 MW of battery storage, and October is one of the busiest months for new projects
Battery storage almost doubled in Chile in 2026: 3,116 MW operating as of August, according to ACERA, and a pipeline close to 40 GW. Figures and what they mean.
Emergency solar kit: what it is and which one to choose for a power outage
A 500 to 900 Wh portable power station costs between CLP 419,990 and CLP 639,200 in Chile. How many hours it runs a router, phones or a fridge, and how to choose one.