ATLAS RENEWABLE ENERGY AND CODELCO SIGN LANDMARK 24/7 PPA FOR THE IMPLEMENTATION OF A NEW SOLAR PROJECT WITH BATTERY ENERGY STORAGE SYSTEM IN CHILE

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  • With this PPA, Atlas will supply Codelco, the world’s largest copper producer, with nearly 375 GWh/year for 15 years.
  • Atlas will be developing, constructing and operating a new renewable energy project with an integrated battery energy storage system in Chile.

SANTIAGO, Chile, March 6, 2024 /PRNewswire/ — Atlas Renewable Energy, an international renewable energy leader, has signed a power purchase agreement (PPA) with Codelco, the state-owned Chilean mining company and the world’s largest copper producer, for the supply of 375 GWh of 24/7 energy per year, to be generated by a new renewable energy project in Chile, which will have an integrated battery energy storage system.

The PPA, which incorporates advanced technology, including the use of batteries, was signed after Codelco held a public tender, to which Atlas was awarded and will start to supply clean, renewable energy in 2026, for the next…

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