Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing its contract manufacturing site in Mexico.
That figure would require incentives, regulation and ambition. A study by Clean Energy Latin America (CELA) estimated the Brazilian storage market should grow at least 12.8% annually through 2040, reaching a cumulative 7.2 GW, excluding client-side, ‘behind-the-meter’ installations.
Chile’s energy regulator has published its 2025-28 energy auction plan to secure about 22,500 GWh of new power contracts.
Replacing diesel, the Noronha Verde project will be carried out by Neoenergia with an investment of BRL 300 million ($52.1 million).
Ecuador’s National Assembly has unanimously approved a new law to promote private initiative in energy generation. Among other measures, it seeks to stimulate self-consumption and promote private investment in the energy sector.
Colombia installed 104 MW of new solar in the third quarter, raising its cumulative PV capacity to 1.34 GW by the end of September 2024.
Verano Energy, a renewables developer headquartered in Chile, has started building a 200 MW solar project in western Argentina. The installation is due for completion and connection before the end of 2025.
President Claudia Sheinbaum has warned that the Spanish energy company’s subsidiary in the country will not “necessarily” re-enter the Mexican electricity market as before. New regulations on energy storage batteries in the National Electric System (SEN) could, however, encourage the company’s return.
Part of mining company POSCO Argentina’s Sal de Oro integral lithium project, the plant was inaugurated at the General Güemes Industrial Park in the city of Salta. It is estimated to produce 25,000 tons of lithium hydroxide per year.
As part of its Sustainable Energy Homes Project initiative, the Ministry of Mines and Energy has announced plans to install PV systems next year in two neighborhoods in the city of Cali that will allow a reduction of up to 100% of electricity bills for local residents. The government is also implementing sustainable electric mobility solutions for five educational institutions in the city.
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