Top 10 Energy Storage Developers in Latin America and Caribbean

In this article, PF Nexus recognises the top 10 energy storage developers driving the clean energy transition in Latin America and the Caribbean.

Latin America leads the way in renewable energy, with 60% of its electricity coming from renewables—double the global average. The region is rapidly advancing its wind and solar capabilities to meet ambitious renewable energy targets while also enhancing energy efficiency. Despite being highly vulnerable to climate change, Latin America is making significant strides in its clean energy transition. Solar PV systems, wind turbines, and hydropower are the most widely utilized technologies, with Brazil, Mexico, and Chile spearheading large-scale projects. With its abundant wind and solar resources, Latin America is poised to become a renewable energy powerhouse. Supportive policies, declining technology costs, and the urgent need to address climate change are fueling the region's renewable energy boom.

Energy storage technologies are crucial for maximizing the potential of renewable energy, enabling these sources to contribute more significantly to the grid's overall capacity. Battery Energy Storage Systems (BESS) are highly versatile, with applications ranging from short-to-medium-term utility-scale grid support to behind-the-meter commercial and industrial installations. Additionally, emerging technologies like thermal storage and flow batteries offer promising solutions for longer-duration storage.

As renewable energy and storage technologies evolve, their synergies will strengthen, enhancing the resilience, flexibility, and sustainability of the electricity system. Energy storage project developers will play an increasingly vital role in this transformation, building a robust renewable energy infrastructure.

Renewable energy developers are at the forefront of the global transition to clean power, managing the complex process of bringing projects from concept to reality. Their expertise is key to the exponential growth of renewable energy's share in the world's electricity generation mix, showcasing the immense potential of clean energy to power a sustainable future. As the demand for renewable energy grows, these developers' work will be essential in accelerating the deployment of wind, solar, hydroelectric, geothermal, and other renewable technologies.

Finding energy storage projects can be difficult. There is fierce competition to establish investment relationships with developers, so for investors, identifying promising new market entrants early and securing relationships with them, is key.

Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between energy storage developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.

How does it work? Simply register your account and access the platform’s live projects marketplace to search for opportunities which fit your requirements. PF Nexus allows you to filter opportunities and set up automatic alerts, so you never miss a deal. This streamlines the process, eliminating manual outreach and ensuring you are connected with the most promising deal flow.

To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).