Copenhagen Infrastructure Partners (CIP) accredited a remaining funding choice and began the development of the Arena battery vitality storage system (BESS) mission, with the objective of supplying vitality from the primary quarter of 2026.

A PV mission developed by CIP

Image: Copenhagen Infrastructure Partners

From ESS News

The Danish funding fund CIP’s Growth Markets Fund II, made the ultimate choice to spend money on the Arena mission, a BESS within the Antofagasta area of northern Chile. “The mission has issued the ultimate notification for its implementation and can be one of many first initiatives of this kind to succeed in business operation in Chile,” the corporate mentioned in an announcement.

The 220 MW/1.1 GWh web site is CIP’s first vitality storage mission in Chile.

Founded in 2012, CIP focuses on investing in vitality storage, transmission, and distribution; wind, photo voltaic, biomass, and superior bioenergy; vitality from waste; and power-of-X. In Chile, CIP additionally has the HNH mission, which by 2022 can be one of many largest on the earth for the manufacturing of inexperienced hydrogen and ammonia.

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