First Solar Power Plant in Chile is World’s First to Deliver Grid Services

The Solar and Energy Innovation Committee, Corfo, incubated First Solar, who are now providing ancillary services the Chilean electricity network. “First Solar was one of the first 100 innovations selected by Mission Innovation’s Net-Zero Compatible Innovations Initiative (NCI) for its high avoided emissions potential, estimated using the NCI’s Avoided Emissions Framework. Identifying high avoided emissions potential and supporting such innovations to market is key to realising the IPCC’s low energy demand 1.5 °C compatible pathway. Corfo’s pioneering work to identify and support start-ups like First Solar using NCI assessments is an example that can inspire incubators, accelerators and investors around the world.” – Jay Hennessy, Project Leader, NCI