renewable energy

Verano’s Domeyko solar-plus-storage project in Chile consists of an 83 MW solar PV plant and a 660 MWh battery energy storage system. This enables the country to harness copious solar energy during peak sunlight hours while also storing excess energy for later use during low-production seasons. The project costs roughly $230 million and is projected

Loja, Ecuador, has initiated procedures to build a 200 MW solar project, given its high potential for solar energy. The region has high solar irradiance due to its favorable climatic conditions. There are other small projects that aim to provide electricity to remote communities not connected to the national grid. Solar energy development in Loja

Nuclear fusion energy involves the merging of hydrogen nuclei from helium, a reaction that releases energy. Fusion reaction produces no greenhouse gas emissions, which makes it an environmentally friendly substitute to fossil fuels. Nuclear fusion energy emerges as a clean energy solution in South America as the region strives to meet its growing energy demands.

The global battery market for energy storage systems is expected to expand in South America from 2025 to 2029. The growth of renewable energy and the shift away from fossil fuels contribute to a sustainable energy future. Additionally, there is an increase in the use of microgrids and smart grids. These technologies need battery storage

South America is currently undergoing energy transformation with electrification and renewable energy integration. These efforts aim to enhance energy access, decarbonize the energy sector, and promote sustainable economic growth. Most South American countries have achieved high levels of electrification in urban regions. Countries like Brazil, Argentina, and Chile have almost 100% urban electrification rates. South