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Mexico aims to add 22 GW of renewables by 2030 The Mexican government said its electricity expansion plan aims to add 32 GW of capacity by 2030, with 70% coming from renewable energy, and a projected investment of $42 billion.
Luis Ini
Jun 29, 2026
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Argentina battery storage auction attracts bids as low as $7,397/MW-month Financial bids in Argentina’s first large-scale battery storage procurement came in well below the auction price cap, with 232 qualified proposals competing for 700 MW of capacity.
Luis Ini
Jun 26, 2026
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Very low cost rooftop solar slashes domestic energy cost – Part 2: South American Countries As photovoltaics continues getting cheaper, an increasing number of countries are adapting their regulatory frameworks to facilitate its integration into electricity markets. Brazil is currently adding more than 1 GW of new PV capacity each month, with the majority coming from small-scale, distributed rooftop installations. In this regard, Brazil stands out as an exception in South America. The country’s rapid solar expansion is not primarily driven by lower solar module prices compared with neighboring Latin American countries. Instead, it is largely the result of high conventional electricity prices, accessible financing, supportive regulations, tax incentives, and the scale of its energy market.
International Solar Energy Society (ISES)
Jun 23, 2026
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Utility-scale solar
Global solar additions reached 664 GW in 2025 The world’s solar fleet surpassed 3 TW in early 2026 but with China forecast to install less solar this year than last, the global solar market appears on course for its first market contraction in over 20 years.
Patrick Jowett
Jun 22, 2026
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Chile introduces new remuneration scheme for small solar parks The reform fundamentally changes how project revenues are settled by linking stabilized prices to future settlement adjustments, thereby increasing exposure to cash flow timing and market-like risks.
Luis Ini
Jun 19, 2026
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Argentina advances 232 battery bids in AlmaSADI tender Argentina has cleared 232 of 235 bids totaling 8.3 GW to proceed in its AlmaSADI storage tender, after proposals exceeded the scheme’s 700 MW reference target by almost 12 times.
Luis Ini
Jun 18, 2026
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Chile releases bidding terms for first energy auction including storage Chile’s CNE has set preliminary terms for the 2026/01 power supply tender, a technology-neutral process that nonetheless favors renewables by excluding high-emission fuels and enabling storage-backed bids. With time-of-day demand blocks and 15-year contracts, the structure is particularly supportive of photovoltaic and hybrid solar-plus-storage projects, especially for daytime and evening peak coverage.
Luis Ini
Jun 12, 2026
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Drought and clear skies drive western North America irradiance gains in May In a new weekly update for pv magazine, Solcast, a DNV company, reports that the western half of North America enjoyed positive anomalies in May while the south and east saw widespread deficits.
Solcast
Jun 05, 2026
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Mexico exceeds 5 GW of distributed solar capacity Figures published by Mexico’s National Energy Commission show solar accounted for more than 99.5% of distributed generation capacity in systems smaller than 0.7 MW at the end of 2025.
Luis Ini
Jun 03, 2026