Chile's Valhalla Energy plans to harness the country's remarkable geography to make clean power by pumping seawater up into mountains during the day and releasing it at night.
The project, which will be built at an unspecified location in Chile's Andes region, will combine a pumped hydro storage station that uses saltwater with a desalination system to be powered by wind and solar.
“Situated in the coastal area of Caleta San Marcos, 100km south of Iquique, it will be the first Chilean hydropower plant to use solar power to perform operations.” An environmental assessment has been performed by Valhalla and the environmental impact study (EIA) for the project has been approved.
Valhalla is currently in the process of inviting strategic investors to participate as partners in the ownership of the project. Valhalla's innovative project is compatible with Chile's energy goals.
ACCIONA Energía has announced the construction of a new 1GWh battery energy storage system (BESS) in Chile's Atacama Desert, doubling its planned energy storage capacity in the country. Madrid-based IPP Grenergy has inaugurated Elena, a 3. With an investment of US$264 million, the project forms part of the Central Oasis platform, which encompasses 1.
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