Highview Power and Enlasa Enter Joint Venture to Develop Giga-Scale Cryogenic Energy Storage Projects in Chile and Latin America

ENERGIA LIMPIA XXI

SANTIAGO and LONDON –Highview Power, a global leader in long duration energy storage solutions, has entered into a joint venture agreement withEnergía Latina S.A.-Enlasa, the largest backup power generation provider in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and other Latin American markets.

“We are excited to work with Enlasa to bring Highview’s technology to Chile,” said Javier Cavada, CEO and President of Highview Power. “Together, our two companies can harness the growing deployment of renewables in Chile and across Latin America and bring renewable baseload power to the region, all without the geographic constraints associated with other energy storage technologies.”

The joint venture, named Highview Enlasa, will help to open Latin American energy markets to baseload renewable energy potential. Highview Power’s long duration energy storage system, paired with renewable energy sources, are equivalent in performance to thermal and nuclear power. CRYOBatteries are…

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