Developers plan to add 14.3GW of battery storage capacity to the grid in 2024.
Chile aims to get to 80% renewable electricity by 2030, and to eliminate coal altogether by then.
That’s sent spot power prices deep into negative territory.
The nation’s coal fleet is rapidly shrinking, while output from gas plants is now plateauing.
The average share of renewables has surged more than 10 percentage points in a year, to 52.6%.
China is on track to install 230 gigawatts (GW) of wind and solar this year alone.
A pioneer of big batteries and other decarbonisation tech, the state aims to get to 100% net renewables within seven years.
Rooftop solar generation exceeded South Australia’s power demand for the first time, while California’s big batteries and Ireland’s wind farms also set fresh records.
Big, grid-scale batteries haven’t been around for long – but they’ve already proven their worth, and the states that pioneered them are being handsomely rewarded.