Grenergy has launched a reverse auction in Chile for the sale of 1.5 TWh/year of energy from the company's various solar and storage plants located in the northern and central parts of the country.
The call for proposals, managed through its subsidiary GR Power, is aimed at generators, marketers and large consumers seeking to ensure a competitive supply in the coming years.
The auction includes the injection of 960 GWh/year of energy stored in batteries during the night period, in addition to 540 GWh of photovoltaic production , with supply planned between the second and third quarters of 2028.
The auction structure allows participants to bid for the entire volume or a part of it, as the energy is segmented into 20 GWh contracting units.
Bidders will be able to choose between contracting horizons of 6, 8, 10, 12 or 15 years , depending on their coverage needs.
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Applications can now be submitted, with a consultation period open until July 7 and a registration period available until July 22 through the Match Energía electricity marketplace.
This is the third time Grenergy has launched its own renewable energy auction. In March 2022, the company became the first clean energy producer in Latin America to hold such an auction. This model allows it to expand its reach to a greater number of generators, retailers, and other corporations interested in accessing clean, stable energy at competitive prices.
Chile, a key market for Grenergy
Since arriving in Chile in 2012, Grenergy has made Chile the center of its growth in Latin America. Over these years, the company has established itself as one of the leading foreign investors in energy and a benchmark in solar integration and storage.
Its Oasis Atacama platform, in the northern part of the country, already operates 2.5 GW of solar power and 14 GWh of storage. This hybrid model, matured in Atacama, is now expanding to the center of the country with Oasis Central, which adds 1.4 GW of solar power and 5.1 GWh of storage.
With this experience, Grenergy is now expanding its model to Europe while reaffirming its commitment to Chile: more solar, more storage and new digital infrastructures that strengthen its role in the country's energy transition.