Sungrow will supply a 152 MW / 606 MWh battery storage system for Verano Energy's Observatorio solar project in Chile, backed by a 25-year service agreement.
Sungrow, a global provider of photovoltaic inverters and energy storage systems (ESS), has been selected by Verano Energy, an independent power producer (IPP) active in Latin America, to equip the Observatorio project in Chile. The agreement covers the supply of its PowerTitan 2.0 solution and includes the deployment of a 152 MW / 606 MWh battery energy storage system (BESS) with a four-hour discharge duration. The contract also includes a 25-year Long-Term Service Agreement (LTSA) covering maintenance of the system.
The Observatorio project will combine a 135 MW solar photovoltaic plant, equipped with Sungrow SG350HX-20 inverters, with this large-scale storage system. The aim is to allow renewable electricity generated during the day to be stored and dispatched during periods of higher demand. According to Sungrow, this configuration is designed to strengthen the stability of Chile’s power system and support greater integration of renewable energy sources into the country’s energy mix. This type of solar-storage pairing is expanding across several markets, as illustrated by the recent agreement under which HiTHIUM will supply a 421 MWh battery storage system to GPG in Australia.
For Verano Energy, Observatorio represents a strategic project within its Chilean portfolio, with storage presented as a key component to maximize the value of renewable generation. “The integration of storage allows us to unlock the full potential of our solar resource, provide greater flexibility to the power system, and deliver solutions that meet the needs of a market increasingly focused on renewable energy integration,” said Tomás Anuch, Chief Operating Officer of Verano Energy. He added that the partnership with Sungrow gave the company confidence in the project’s ability to meet the highest standards of performance and reliability.
The project marks a new milestone in the relationship between Verano Energy and Sungrow, while highlighting the growing importance of energy storage in Chile, described as one of the most dynamic markets in Latin America for BESS project development. The deployment of large-scale storage solutions would help optimize solar generation, reduce curtailment and provide greater flexibility to power system operations. “This agreement reinforces our commitment to developing high-performance energy infrastructure and accelerating the energy transition in Chile,” said Gonzalo Feito, Regional Director of Sungrow LATAM.
Beyond supplying the BESS solution, Sungrow will provide a 25-year Long-Term Service Agreement aimed at ensuring the system’s operational availability, performance and reliability throughout its entire lifecycle. Verano Energy and Sungrow say they intend to continue their partnership on the development of next-generation energy infrastructure, contributing to the reliability of Chile’s power system and supporting the transition toward a more sustainable energy matrix.
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