AES Andes launches second version of the Energy Innovation Challenge

August 29, 2024

AES Andes launched the second version of the Energy Innovation Challenge, a challenge designed to continue promoting renewable energies and the most innovative solutions, in an effort to accelerate the transition towards a more sustainable future.

On this occasion, the challenge posed to university students who have completed their second year of study seeks to find innovative solutions that optimize the construction, operation and maintenance of solar photovoltaic projects and energy storage systems with batteries.

Given that the challenges in the different stages of the life of these projects are permanent, it is necessary to address them with an innovative proposal to continue contributing to the country's energy transition.

Javier Dib, CEO of AES Andes, indicated that “we invite all students who are enthusiastic about renewable energy to join the Energy Innovation Challenge 2024. We are experiencing a crucial moment in the country's energy transition and we must all contribute to have a more sustainable future.  We are very much looking forward to seeing the creative solutions that will emerge from this challenge.”

AES Andes, as a leader in the industry, is committed to the development of these projects to ensure a reliable, affordable and environmentally friendly energy supply.

How to Participate?

Students from the third year of undergraduate studies have to form teams of 4 to 5 people belonging to any academic discipline, who demonstrate interest in the energy sector.

Team registrations must be made through the form available at https://www.aesandes.com/en/aes-innovation-challenge. Once this stage is completed, the challenge will be sent to you for resolution and preparation of proposals. The projects will be evaluated by AES Andes collaborators, and the 8 finalist teams will present their ideas in a final in-person round at the company's offices in Santiago.

This year, first place will have a prize of US$4,000, second place will receive US$3,000 and third place will receive US$1,500, in addition to a visit to one of the company's renewable operations.

Important Dates

• Registration closes: September 13 at 11:59 PM.
• Deadline for submitting proposals: October 14 at 11:59 PM

About AES ANDES

AES Andes generates and sells energy in Chile, Colombia and Argentina. The company operates 5,316 MW in South America along with a broad portfolio of renewable energy projects in development. The company is one of the main generating companies in the region, with a diversified portfolio that includes hydroelectric, wind, solar, energy storage, natural gas and coal plants.

In Chile, AES Andes and its subsidiaries own and operate 3,544 MW, composed of 1,645 MW thermoelectric, 771 MW hydroelectric, 431 MW wind, 456 MW solar photovoltaic, and 241 MW of battery energy storage systems, in addition to desalination plants. sea ​​water and transmission lines.