Wood Mackenzie raises Latin America storage forecast to 34 GW by 2035 - pv magazine Global

Wood Mackenzie forecasts Latin America’s energy storage capacity to surge from 2.5 GW in 2025 to 34 GW by 2035, driven by renewable curtailment, grid constraints, auctions, and supportive policies. Chile leads deployment, while Mexico, Brazil, Argentina, and the Dominican Republic are scaling up, though unclear revenue models, financing constraints, and regulatory gaps remain key barriers.

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