A market feature on how Chile's capacity payments reform set off a wave of battery development alongside solar in the north of the country, with Ibitú among the hybrid projects under development.
The article looks at how Chile's 2024 reform of capacity payments for storage unlocked a wave of battery development next to utility-scale PV in the north, with national BESS capacity expected to pass 6 GW by the end of 2026 and storage absorbing solar that would otherwise be curtailed.
Ibitú, the 500 MWh BESS and 100 MW PV project developed by GT4 Energía, Tambo3 and Endura Energy in the Copiapó commune, appears on page 20, with comments from Xavier Lara, CEO of Endura Energy, and José Lobo, Endura Energy Chile country manager and CEO of Tambo3.
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Article © pv magazine, July & August 2026 edition. Page 21 is shown without the advertisement that shares the printed page. More from pv magazine at www.pv-magazine.com.
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