DNV, the independent energy expert and assurance provider, has supported Grenergy Renovables (Grenergy) in securing financial close for the first phase of the world’s largest battery storage project. Located in northern Chile, Oasis de Atacama is projected to power over 145,000 homes annually and reduce CO2 emissions by more than 146,000 tons. The project is divided into five phases. When completed, its storage capacity will be around 4.1 gigawatt hours (GWh). The first two phases, for which financing has just been closed, totaling 1.24 GWh of batteries dedicated to storing surpluses from Grenergy’s photovoltaic plants.
Courtesy of DNV.