ENERGY STORAGE

Atlas signs 15-year BESS PPA with Chilean company EMOAC

March 22, 2024

Atlas Renewable Energy has signed a 15-year battery energy storage system (BESS) power purchase agreement with the Chilean company EMOAC.

The 200MW / 800MWh ‘BESS del Desierto’ will be one of the “largest energy storage projects in Chile and Latin America”, a statement said.

The BESS will be installed next to Atlas’ Sol del Desierto solar plant, located in the commune of Maria Elena in the Antofagasta region.

Under this agreement, BESS del Desierto will “re-inject around 280 GWh per year to the grid”, the statement added.

Carlos Barrera, CEO of Atlas Renewable Energy, said: “This deal marks our expansion into battery energy storage technology, establishing Atlas as an early adopter in Latin America. It demonstrates our commitment to innovative energy solutions and strengthens our position as a leader in sustainable technology for the region’s energy transition.”

Vannia Toro, general manager of EMOAC, added: “This agreement aims to address a fundamental issue at the national level, specifically the inappropriate disposal of NCRE. Our approach revolves around innovation, adaptation, and the integration of technology. We firmly believe that this represents a significant solution to the existing challenges within the system and marks another crucial stride towards our dedicated commitment to energy transition.”