INSUBCONTINENT EXCLUSIVE:
Grenergy, a Spanish developer, has unveiled a $2.6 billion investment plan for 2023-2026, focusing on renewable energy.This includes
$800 million for energy storage.These investments highlight the shift towards sustainable energy
Chile stands out as a key market for Grenergy, especially in the solar and storage sectors.To support this expansion, Grenergy will continue
(Photo Internet reproduction)The company expects to sell 350MW-450MW of solar capacity annually and 1GWh of storage capacity
This strategy could generate around $600 million by 2026.Grenergy earlier secured Power Purchase Agreements for solar projects in Chile and
Spain.These agreements, involving projects of 241 MW and 259 MW, demonstrate the importance of these markets, particularly Chile.The Oasis
de Atacama project, with a 4.1 GWh capacity and an additional 1 GW of solar power, is set to break global records.It costs $1.4 billion and
market is increasingly focusing on grid-scale storage, which is crucial for capacity and renewable energy load shifting.In the first five
months of 2023, Chile faced a curtailment of about 735 GWh of renewable energy
The country is moving beyond raw lithium export to developing local supply chains.This shift aims to make energy grids more reliable,
