JV with Energia Latina-Enlasa working on 50MW/500 megawatt-hour liquid air storage facility [Image: Highview Power]
Highview Enlasa is developing a 50MW/500 megawatt-hour liquid air long duration energy storage project in Chile, the first of its kind in the country.
The $150m CryoBattery will be located in Diego de Almagro in the Atacama region.
Engineering, procurement, and construction on the project will be carried out by SK Ingenieria y Construccion, a subsidiary of the Sigdo Koppers group.
The project is currently in the pre-feasibility engineering phase and is scheduled to enter environmental processing in August of this year.
Construction is estimated to start in the second half of 2023.
Highview Power chief executive and president Javier Cavada said: “This is a big step forward to enabling decarbonization goals for the country of Chile.
“Our liquid air energy storage technology is the optimal solution for the large scale, long duration energy storage that is needed to balance the grid, without the geographic constraints associated with other energy storage technologies.”
Highview Enlasa president Fernando del Sol said: “The objective of our company is to make this innovative technology available to the market and to all actors in the electrical and mining sectors.
“These plants can replace traditional coal plants, which will help us contribute to accelerating the decarbonization process in Chile and to combat climate change.”
Highview Enlasa is a 50/50 joint venture between Highview Power and Energia Latina-Enlasa.