Uruguay maintained one of the cleanest electrical grids in Latin America in 2025, generating 98% of its electricity from renewable sources despite an 8% drop in total generation. The country’s evolving energy trade with neighboring Argentina and Brazil signals shifting dynamics in regional electricity markets and growing internal demand, particularly in industry and transport sectors. […]
Uruguay positions itself as the Latin American country least exposed to the economic shocks stemming from the Middle East conflict, according to recent CitiGroup analysis of oil price impacts on emerging markets. The country’s stable macroeconomic environment combined with its leadership in renewable energy and strategic investment incentives underpin its resilience and attractiveness to investors
Carrefour Brasil has secured a significant renewable energy partnership and is pursuing a delisting plan driven by strategic consolidation and family office restructuring. As these developments unfold, market attention will focus on the impact on Carrefour Brasil’s valuation and competitive dynamics within Brazil’s retail sector. Renewable energy player Casa dos Ventos closed a R$1 billion
Codelco executed its inaugural carbon credit acquisition to fully offset fixed-source CO₂ emissions subject to Chile’s green tax at its Ventanas Division. This pilot step reinforces Codelco’s strategy of integrating climate action within operational and financial frameworks while contributing to the maturation of Chile’s emerging carbon offset market. Codelco, the world’s leading copper producer, acquired
Brazil’s wind power sector in Bahia is advancing significantly with multiple large-scale projects entering operation or under construction, supported by record financing and strategic partnerships. These developments will substantially expand installed capacity, reduce carbon emissions, and reinforce Brazil’s leading position in global renewable energy expansion. The Novo Horizonte wind complex, operated by Pan American Energy
Argentina has authorized the inclusion of two new significant renewable generation assets into its Wholesale Electricity Market (MEM), reflecting ongoing expansion in wind and solar power capacity. These approvals indicate a strategic push for provincial grid integration and regulatory alignment, reinforcing the country’s renewable energy development trajectory for 2026. The Ministry of Economy’s Secretariat of
The Olavarría Wind Farm project in Buenos Aires province advances with $275 million financing from the International Finance Corporation (IFC), complementing private sector investment in renewable energy and transmission infrastructure. This initiative is poised to enhance Argentina’s grid capacity, support industrial decarbonization, and deliver significant CO2 emissions reductions in line with national sustainability targets. Petroquímica
Engie Chile has completed the energization of Parque Eólico Kallpa (formerly Lomas de Taltal), a landmark wind energy project with 342 MW capacity, solidifying its leadership in the Chilean renewable energy sector. The project is central to Engie’s strategy to triple its clean energy share by 2026, reduce CO2 emissions by 80%, and phase out
Celaris Energy advances its significant investment in Peru’s renewable sector with the Caravelí wind farm in Arequipa reaching over 73% construction progress. Expected to begin operations in late 2026, the project will contribute more than 600 GWh per year to Peru’s national grid under international renewable certification, enhancing the country’s energy diversification and decarbonization efforts.
