Grenergy Renovables plans to invest 2.6 billion euros in 2026, of which 1.5 billion euros will be used for photovoltaic power generation and 800 million euros for battery energy storage. The company aims to have 5 GW of solar capacity and 4.2 GWh of energy storage by 2026. Chile is key to the expansion of the energy storage industry, with the world's largest Atacama Oasis project. The project is expected to be completed within three years and will contribute to network stability and decarbonization. Grenergy has signed a 15-year power purchase agreement with Chilean company EMOAC.