Financial close has been reached for the first two phases of the world’s largest battery storage project, the Oasis de Atacama in Chile, with 1.24GWh now financed and an eventual 4.1GWh once all five phases are completed.
Independent energy expert and assurance provider DNV announced on Wednesday that it had supported developer Grenergy Renovables (Grenergy) in securing financial close for the first phase of the Oasis de Atacama project. Grenergy made a separate announcement a month ago.
Financing currently secured for the first two phases will fund development of a 220MW solar farm and 1.24GWh of battery storage, with the first phase expected to be connected by year’s end and the remaining four phases to be connected next year, reaching full operation by 2026.
saa https://reneweconomy.com.au/worlds-biggest-battery-storage-project-gets-underway-in-chileWhere is elecrolyte to come from
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