The Spanish company Grenergy has formally begun construction of the Monte Águila hybrid solar plant in the Biobío region of Chile, a project that will integrate solar technology and large-scale energy storage. With an estimated investment of US$264 million, the complex will have an installed capacity of 340 MW solar and 960 MWh in batteries.
The hybrid solar plant is part of the Oasis Central plan.
This new installation is part of the Oasis Central platform, which brings together five phases of hybrid projects in central Chile. In total, this platform seeks to deploy 1.1 GW solar and 3.8 GWh of storage by early 2027.
The groundbreaking event was attended by high-level Chilean authorities and industry executives. This institutional participation demonstrates the government’s support for the development of clean and resilient infrastructure in the Andean country.
All five phases of Oasis Central have power purchase agreements(PPAs), including a 24/7 base load agreement with the state-owned company Codelco . This contract guarantees a continuous supply, which reinforces the stability and commercial viability of the project.
The company has highlighted that this new platform takes as a reference its experience in northern Chile with Oasis de Atacama, a complex with 2 GW of solar capacity and 11 GWh of batteries, under development for 2027. The Chilean model has become an international reference for solar hybridization and smart energy storage projects.
The scope and technology of the Spanish company. Source: Grenergy
The favorable results of the Oasis platforms in Chile are being replicated in Europe. The Escuderos plant, in Castilla-La Mancha, will follow the same scheme with 200 MW solar and 704 MWh of storage. In addition, the Spanish company is moving forward with Greenbox, a stand-alone battery platform whose pilot project is being built in Oviedo.
Source and photo: Grenergy
