Latin America

Global EV Market On Track To Top 40% By 2030: IEA

The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […]

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Astronergy to Supply 700MW of N-Type TOPCon PV Modules to Atlas Energy

The largest privately-owned independent power producer (IPP) of renewable energy in Latin America, Atlas Renewable Energy, and Astronergy have signed a collaboration framework deal. As part of this deal, 700MW of ASTRO N series products from Astronergy, a pioneer in n-type TOPCon PV modules, will be provided to Atlas for a range of solar projects […]

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GameChange Solar Opens 2.5 GW Tracker Plant In Brazil

GameChange Solar (GCS), a leading global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants, announced the opening of a new factory, training, service, and technical support center exclusively for its Genius Tracker™ solar trackers in Feira de Santana, Bahia, Brazil. The Brazil factory, located in Feira de Santana, Bahia, started trial runs in […]

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Trina Trackers Adds 2.5 GW Plant In Brazil, Global Capacity Now 10 GW

TrinaTracker, a smart tracker solution provider which is part of Trina Solar Co., has opened a smart tracker manufacturing plant in Salvador, Brazil. The factory will have annual production capacity of 2.5GW and will increase TrinaTracker’s global production capacity to 10GW, to meet the company’s growing business needs. TrinaTracker smart control system production line This is […]

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AMI Report: The Road to Net Zero in Latin America

A study entitled “The Road to Net Zero in Latin America” has been released by American Market Intelligence (AMI). Weaning the world off dirty fossil fuels, a.k.a., the road to net zero emissions, is perhaps the most challenging task our society has ever faced. By 2030, it will require more than US$2 trillion in annual […]

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Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility

Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […]

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Analysing The Landscape For Energy Transition In LatAm Region

AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […]

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Latin America Preaches RE, Yet Practises Fossil Fuels

Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the  International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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