en.Wedoany.com Reported - Copenhagen Infrastructure Partners (CIP), a Danish infrastructure management company, recently announced the official commencement of construction for the BESS Patache energy storage project located in the Tarapacá region of Chile. The project has a power capacity of 300 MW and an energy storage capacity of 1500 MWh, and will be developed through investment from CIP's Growth Market Fund II (CI GMF II).
According to the statement released by CIP, the BESS Patache energy storage system is situated in an area rich in solar resources, close to existing transmission networks and energy-intensive industrial centers. This layout facilitates the storage of excess photovoltaic power generated during the day and its release during peak electricity demand periods, thereby optimizing energy dispatch. The project has qualified for an internationally recognized carbon offset program and will support Chile's long-term decarbonization goals.
Ole Kjems Sørensen, a partner at Copenhagen Infrastructure Partners, stated, "Projects like Patache and Arena BESS embody the Growth Market Fund's long-term strategic commitment to medium-income and high-growth markets such as Chile. By developing robust energy infrastructure, we aim to create value for investors while advancing the transition towards a more sustainable energy system."
BESS Patache is the second large-scale energy storage project deployed by CIP in Chile. Previously, the BESS Arena project in the Antofagasta region has been operational, with a power capacity of 220 MW and an energy storage capacity of 1100 MWh, currently supplying power to the local grid. The construction of this new project will further enhance the scale of Chile's energy storage systems and promote the efficient utilization of renewable energy.
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