Chile's AES Andes to Build Massive Solar-BESS Project

• AES Andes secures environmental approval for groundbreaking Cristales solar-plus-storage project in Chile, showcasing commitment to sustainable energy solutions.

AES Andes has received environmental approval for its Cristales solar-plus-storage project in Chile, which will include a 340 MW solar photovoltaic park and a 542 MW battery energy storage system. The project, located in the Atacama Desert, is expected to cost up to USD 710 million and will allow the company to store electricity for up to five hours.

CEO Javier Dib expressed pride in the company's investment in innovative solutions like energy storage systems, which will help avoid waste of renewable energies. Construction of the Cristales generation park is set to begin in the fourth quarter of 2024, with commercial operation expected to start in 2028.

What is the capacity of AES Andes' Cristales solar-plus-storage project in Chile?

• The capacity of AES Andes' Cristales solar-plus-storage project in Chile is 340 MW for the solar photovoltaic park and 542 MW for the battery energy storage system.
• The project is located in the Atacama Desert in Chile.
• The total cost of the project is estimated to be up to USD 710 million.
• The battery energy storage system will allow the company to store electricity for up to five hours.
• CEO Javier Dib highlighted the company's investment in innovative solutions like energy storage systems to avoid waste of renewable energies.
• Construction of the Cristales generation park is scheduled to begin in the fourth quarter of 2024.
• Commercial operation of the project is expected to start in 2028.