REGULATED PRESS RELEASE

from ENGIE (EPA:ENGI)

In Chile, ENGIE starts commercial operation of the largest Battery Energy Storage System in Latin America

Press release

18  march 2024

In Chile, ENGIE starts commercial operation of the largest Battery Energy Storage System in Latin America

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ENGIE obtained approval from the National Electricity Coordinator (CEN) to start commercial operation of BESS Coya, the largest battery energy storage system in Latin America to date.

This system has a storage capacity of 638 MWh, with 139 MW of installed capacity. This colocated Battery Energy Storage System (BESS) technology uses lithium batteries to store the renewable energy generated by the Coya PV solar plant (180 MWac) based in the Antofagasta Region.

Through its 232 modules, BESS Coya's installed capacity will enable to store the equivalent of five hours of electricity and inject it into the grid during peak periods, representing the delivery of 200 GWh on average per year. It will also play an important environmental role by supplying enough green energy for around 100,000 homes, thereby avoiding the emission of 65,000 tonnes of CO2 per year. 

imageThis project is fully in line with ENGIE's ambition to accelerate the development of battery storage, with a target of 10 GW of installed capacity by 2030. The development of flexibility solutions such as Battery Energy Storage Systems will play a major role in integrating renewable energies and accelerating the energy transition while guaranteeing the efficiency, reliability and security of energy systems.” explained Paulo Almirante, ENGIE Senior Executive Vice President Renewables & Energy Management.

At December 31, 2023, ENGIE already had globally 1.3 GW of battery capacity in operation and

3.6 GW secured under development.                                                 

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About ENGIE

 

ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. 

Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and nonfinancial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

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ENGIE CORPORATE HEADQUARTERS                                                                                                        

Tour T1 – 1 place Samuel de Champlain – Faubourg de l’Arche – 92930 Paris La Défense cedex – France 

ENGIE – French limited liability company with capital of 2,435,285,011 EUROS – listed on the NANTERRE register

of trades and companies under number 542 107 651 – Tel: +33 (0)1 44 22 00 00                                                            engie.com

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