In its latest report on the South American solar PV market, Wood Mackenzie has revealed that the region will add 160 GW of photovoltaic (DC) capacity between 2025 and 2034, driven by diversification efforts, growing energy demand and favorable system economics.
[pdf] This report, building on a report released by SAPVIA in 2022 titled the localisation potential of the South African solar photovoltaic (PV) industry and recommendations to support local manufacturing in South Africa, focuses on an updated analysis of South Africa's solar PV manufacturing value chain, aiming to inform public policies and private investments for strengthening local manufacturing and assembly.
[pdf] Sunny Power signed a 650MW PV project in Brazil in 2022, and also signed a 500MW distribution agreement with Brazil's SOL+Distribuidora last year.On January 12, BYD and Spain's Grenergy reached a procurement agreement for a 1.1GWh energy storage system for the world's largest energy storage project, the 4.1GWh energy storage project in Chile's Atacama Oasis, supplying it with 2,136 Magic Cubes.
[pdf] 
