PV module demand in Brazil’s centralized generation market declining after reaching 5.1 GW in 2024
The volume of imported modules was 18% lower than in 2023. After growth in 2024 compared to 2023, installations of large solar plants are expected to face a decline in 2025, with the combination of energy prices close to the floor and worsening curtailment potentially postponing new investments.
Chile can achieve emission-free electricity system by 2035 with technical and economic support
A study developed by the Chilean Association of Renewable Energies and Storage (ACERA AG) and the Institute of Complex Engineering Systems (ISCI) concludes that it is technically feasible to operate the National Electric System without fossil fuel generation, with investments in renewable energy storage, and flexible demand.
Colombia approaches 2 GW solar capacity milestone
Colombia is approaching 2 GW of cumulative installed PV capacity, with 1.34 GW currently operational and an additional 700 MW in testing, according to the country’s grid operator.
Chile already halfway to 2 GW energy storage target
The Chilean Ministry of Energy reports that 954 MW of energy storage capacity was operational in March, with four additional sites undergoing testing. Twelve more are under construction, and 37 have submitted requests for environmental permits.
Guatemala opens 1.4 GW energy auction
Guatemala has launched a 1.4 GW energy auction for renewable and low-emission projects to secure 15-year capacity contracts starting in 2030.
Solar gains across Brazil and Caribbean despite above average rain
In a new weekly update for pv magazine, Solcast, a DNV company, reports that Southern Brazil and the northern Andes were irradiance hotspots during March, posting anomalies as high as 30% above the climatological average. The increase came despite intense rainfall causing flooding in other parts of South America.
Colombia introduces new rules for energy communities
Colombia’s energy regulator has approved new regulations allowing the creation of energy communities, aiming to add at least 1 GW of renewable capacity to the national grid.
Latin America’s largest solar-plus-storage project goes online
ContourGlobal’s site features six-hour storage capacity alongside 221 MW of solar generation capacity. It is located in northern Chile and is part of a portfolio acquired from Spain’s Grenergy last year.
Peru plans to reach 3 GW of PV capacity by 2028
Peru aims to add 2.5 GW of new PV capacity by 2028 through 14 solar projects, bringing its total installations to nearly 3 GW, according to the Peruvian Ministry of Energy and Mines (MINEM).
Grenada seeking consultants for airport solar-plus-storage project
Grenada has launched a tender for consultancy services to support the construction of a battery energy storage system (BESS) at Maurice Bishop International Airport, with expressions of interest due by April 11.
