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Chile shifts focus to energy storage as solar oversupply pressures revenues

Chile's rapid solar buildout in the Atacama Desert has flooded the market, squeezing revenues and forcing operators into bankruptcy, pushing the country toward energy storage solutions to stabilize its grid and absorb excess capacity.

Chile shifts focus to energy storage as solar oversupply pressures revenues
Image via pv-magazine.com

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37d PV Magazine Solar powerhouse to storage leader — Chile is transforming in a bid to avoid becoming a victim of its own solar success. Developers have flooded the Atacama Desert with solar projects, turning…

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Appeared in: 2026-08-21 (#3)

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