Latin America
Latin America energy news: auctions, renewables, transmission and storage across Brazil, Chile, Mexico, Colombia and beyond.
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GE Vernova targets 1 GW for Venezuela’s grid within two years under Corpoelec deal
GE Vernova has signed agreements with Venezuela’s Corpoelec and PDVSA to rehabilitate the national power system, with US officials saying the plan should add…
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Mexico’s CFE raises MXN 20bn in three-tranche local bond to fund US$37.5bn plan
Mexico’s state utility CFE has placed MXN 20 billion (about US$1.2 billion) of local certificados bursatiles in three tranches, with demand of 2.2 times…
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Engie switches on 251 MW of batteries in Chile as Grenergy sells US$475m Atacama phase
Engie’s Libélula and Los Loros battery projects have entered commercial operation in Chile, while Grenergy agreed to sell the 272 MW/1,100 MWh Gabriela phase…
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Brazil storage auction draws nearly 297 GW of bids as CATL and Moura team up
Brazil’s first capacity reserve auction for energy storage has attracted 6,091 project registrations totalling almost 297 GW, and CATL has partnered with Moura to…
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Wood Mackenzie lifts Latin America energy storage forecast to 34 GW by 2035
Wood Mackenzie now expects Latin American storage capacity to grow from 2.5 GW in 2025 to 34 GW by 2035, a 30% compound annual…
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Capacity markets emerge to pay for firm power in fast-growing systems
Regulators in several fast-growing power systems are introducing capacity payments and firm-power auctions to keep dispatchable plants available as renewables shares rise.
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Offshore pipelines expand along new coastlines
Early-stage seabed leasing is opening in markets that had no offshore programme two years ago.
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Offshore wind roadmaps multiply as coastal markets write seabed leasing rules
Governments in Southeast Asia and elsewhere are publishing offshore wind roadmaps, resource assessments and seabed leasing frameworks, setting up the first competitive rounds outside…
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Wind repowering enters the conversation in first-generation markets
Early wind farms in emerging markets are approaching mid-life, and owners are weighing repowering with larger turbines against life extension, with grid capacity often…
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Local content rules tighten in renewable procurement
More emerging markets are attaching local manufacturing, assembly and employment requirements to renewable energy tenders, reshaping supply chains and rewarding suppliers who partner with…
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