Innergex Renewable Energy Inc. announced that its 35 MW/175 MWh (5 hours) San Andres battery energy storage facility has begun operations and is injecting energy to the grid. Located on the site of Innergex's existing San Andres solar facility in Northern Chile it is Innergex's second largest energy storage facility currently in operation, following the commissioning of the Salvador battery facility 50 MW/250 MWh (5 hours) on October 30, 2023. Located in the Atacama Desert, the San Andrés battery energy storage facility capitalizes on the region's exceptional solar irradiance potential.

During the day, surplus solar energy is stored and then dispatched during the evening and early mornings to capture peak market prices, allowing the facility to avoid daytime congestion, support the grid during peak demand, and optimize project returns. Battery storage is a key driver for future growth, and Innergex is actively exploring further opportunities across its core markets to develop integrated renewable energy and battery storage projects, seizing the immense potential of this innovative technology. The San Andres battery facility is expected to generate annual revenues in a range of USD 6 million (CAD 8.2 million) to USD 8 million (CAD 10.9 million) on a run-rate basis, while operating, general and administrative expenses are expected to reach USD 0.4 million (CAD 0.5 million) in the first full year of operation.