The CEME 1 Thermal Energy Storage System is a 70,000kW energy storage project located in Tocopilla, Maria Elena, Antofagasta, Chile.

The project was announced in 2016 and will be commissioned in 2021.

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Description

The CEME 1 Thermal Energy Storage System is being developed by CEME1. The project is owned by CEME1 (100%).

The key applications of the project are renewables capacity firming and renewables energy time shift.

Contractors involved

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CEME1 is the owner. CEME1 is the developer.

Additional information

CEME1 SpA, a Joint Venture between Enerstar América and Nogaleda Energia, a Chilean family owned Investment Company. The CEME 1 project promoted by Enerstar America, together with a group of Chilean private investors, consists of a 70MWe CSP parabolic-through technology, in conjunction with a photovoltaic (PV) plant of 70MWe.

About CEME1

CEME1 SpA is a renewable energy company.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.