Chile: Korkia has received approval from Chile’s national energy commission to develop a new substation for its Terrazas hybrid energy project. The facility will connect a 280 MW solar photovoltaic plant with a 1,240-MWh battery energy storage system (BESS) in the Coquimbo region.

The approval allows the company to build a 220-kV sectioning substation in the Ovalle area, located about 370 km north of Santiago. According to Korkia, the infrastructure will not only serve the Terrazas project but also provide extra capacity for future expansion and potential third-party use.

The Terrazas site is positioned in an area known for strong solar irradiation, close to key electricity demand hubs and mining activities in northern Chile. Korkia expects the hybrid facility to begin operations by late 2027 and estimates it could generate enough electricity to supply around 150,000 households each year.

Investment in the project is being carried out through Korkia Solar Ray, the company’s local joint venture with developer Solar Ray. Earlier in 2026, the partnership secured environmental approval for a separate 150-MW/750-MWh standalone battery project in the Santiago Metropolitan region. It has also recently submitted another solar-plus-storage project in Valparaiso for environmental assessment.

Source: Renewables Now

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