Multinational electric power generation and distribution company AES Corporation's local subsidiary said the system, which can store power from nearby solar and wind facilities for up to five hours, is the biggest battery storage system in Latin America to date as well as being. Multinational electric power generation and distribution company AES Corporation's local subsidiary said the system, which can store power from nearby solar and wind facilities for up to five hours, is the biggest battery storage system in Latin America to date as well as being. It is the Quillagua photovoltaic power plant, officially inaugurated on 8 April in the municipality of María Elena, in the Antofagasta region, in the north of the country. Built by ContourGlobal - a KKR Group company - Quillagua is a solar power plant with a nominal. The region accounts for nearly 10% of the world's total installed renewable energy, which stood at 2,350 gigawatts (GW) in 2018. Being one of the leading hydropower producing regions, South America is home to some of the largest hydropower plants in the world. This article explores cutting-edge storage technologies, regional market trends, and how businesses can leverage these solutions for sustainable growth.