Energy storage is becoming a central part of EDP 's strategy in Latin America. The company has launched BESS Punta de Talca , its first battery project in South America , a 240 MWh facility located next to the Punta de Talca wind farm in the Coquimbo region of Chile.
With an investment of approximately USD 44 million , the project marks the company's entry into the storage segment in the region and reinforces a trend that is gaining strength in Latin American markets: the integration of batteries with renewable parks to improve the flexibility of the electrical system.
The facility has the capacity to store, on average, 60 GWh per year , a volume sufficient to supply more than 30,000 homes , the company reported.
The storage system was developed alongside the 83 MW Punta de Talca wind farm , which began operating in 2024.
Its main objective is to store the energy produced during periods of lower demand and release it when the system requires more generation, thus reducing the spillage of renewable energy and optimizing the economic performance of the park.
In addition to increasing the operational efficiency of the complex, the BESS provides firm capacity to the Chilean electrical system and helps to reduce dependence on fossil fuels during peak consumption hours.
"The start of operations of our first battery storage project in South America represents a strategic milestone for EDP and confirms the role that this technology will play in building more resilient, flexible and sustainable electrical systems," said João Brito Martins, CEO of EDP South America.
The executive highlighted that the combination of renewable generation and storage allows for improved asset efficiency, reduced energy losses, and support for the region's energy transition.
Brazil appears as the next market
Although the first project was developed in Chile, the company already anticipates that storage will play an increasingly important role in other markets where it operates.
"Projects like Punta de Talca show how batteries help address the challenges of the next stage of the energy transition. We see great potential for the development of this market in Brazil over the next few years," added Brito Martins.
With almost three decades of presence in South America, EDP maintains Brazil as its main regional platform, where it participates in the generation, transmission, distribution and marketing of electricity.