Innergex says battery energy storage facility in northern Chile begins operations
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 21/05/2024 (570 days ago), so information in it may no longer be current.
MONTREAL – Innergex Renewable Energy Inc. says its San Andrés battery energy storage facility in northern Chile has started operations.
The company says it is located on the site of its existing San Andrés solar facility.
During the day, the battery storage facility stores surplus solar energy that is later used in the evening and early mornings.
Innergex says the San Andrés battery facility is expected to generate annual revenue in a range of $8.2 million to $10.9 million.
Operating, general and administrative expenses for the facility are expected to reach $500,000 in the first full year of operation.
Innergex has operations in Canada, the United States, France and Chile.
This report by The Canadian Press was first published May 21, 2024.
Companies in this story: (TSX:INE)