Connecting the dots between Carbon Finance and Battery Storage (BESS) 🔋⚡

We are incredibly proud to celebrate a major victory for the carbon markets. The Ministry of the Environment (Chile) has officially authorized the Diego de Almagro Sur Battery Energy Storage System (BESS DAS) project under Article 6.2 of the Paris Agreement.

Led by Colbún, this project leverages carbon finance to:

✅ Accelerate investment in critical infrastructure.

✅ Capture daytime solar surplus (tackling the curtailment challenge).

✅ Inject flexibility and resilience into the Chilean electrical system.

✅ Supply clean energy when the grid needs it most.

Successes of this magnitude are built on robust institutional frameworks. We extend our sincere gratitude to the authorities for their leadership and rigor in establishing these mechanisms:

🏛️ Ministry of the Environment (MMA) and Ministry of Energy (MEN) in Chile.

🇨🇭 Federal Office for the Environment (FOEN) in Switzerland.

We also want to thank the entire team at Colbún for their trust in Sherpas throughout this rigorous process. This achievement is the result of over a year of hard work and technical precision alongside our partners at EBP and the KliK Foundation.

At Sherpas, we see the authorization of "DAS BESS" as more than just a project; it is a clear testament to the power of public-private collaboration. It demonstrates that when policy, technology, and high-integrity ITMOs align, we can unlock the next level of global decarbonization.

Congratulations to everyone involved! The path to implementation is open.