Highview Power as well as Enlasa to create giga-scale cryogenic power storage projects in Latin America

Oct 23, 2020 12:06 PM ET
  • Highview Power, an international leader in long duration power storage services, has actually entered into a joint endeavor contract with Energia Latina S.A.-Enlasa, the biggest back-up power generation company in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and also various other Latin American markets.
Highview Power as well as Enlasa to create giga-scale cryogenic power storage projects in Latin America
Image: spacedaily.com

" We are thrilled to work with Enlasa to bring Highview's technology to Chile," said Javier Cavada, CEO as well as President of Highview Power. "Together, our 2 companies can harness the expanding release of renewables in Chile and also throughout Latin America and also bring sustainable baseload power to the region, all without the geographical restraints related to various other power storage modern technologies."

The joint venture, named Highview Enlasa, will certainly help to open Latin American power markets to baseload renewable energy potential. Highview Power's long duration energy storage system, coupled with renewable resource sources, are equivalent in performance to thermal and nuclear power.

CRYOBatteries are developed using tried and tested parts from fully grown sectors, it provides pumped-hydro capacities without geographical restrictions and also can be configured to transform waste heat and cold to power.

" Enlasa is really devoted to sustainability and via our collaboration with Highview Power we are on the leading side of supplying ingenious power storage space remedies to Latin America," said Rodrigo Saez, CEO of Enlasa "Highview Power's cryogenic modern technology is the optimum solution to offer the huge scale, long duration power storage that is required to balance the grid as more solar and wind power come online."

Chile has among the best solar irradiations of the world and the deployment of solar power together with the national decarbonization technique require long duration power storage space to offer the required energy equilibrium to accomplish a lasting grid. Various other Latin America markets have similar efforts, and also a CRYOBattery plant in Chile will certainly act as a wonderful business case for the area.