Grenergy has signed a 12-year hybrid power purchase agreement (PPA) in Chile linked to the fifth phase of its Oasis de Atacama solar-plus-storage platform.
Spanish independent power producer Grenergy has closed a US$355 million senior non-recourse financing agreement for its Central Oasis solar-plus-storage platform in Chile.
Curtailment of solar PV and wind has continued to increase in Chile last year and passed 6TWh, up 8% year-on-year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).