The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie. 

Curtailment of solar PV and wind continued to increase in Chile last year and passed 6TWh according to the Chilean renewable energy and energy storage association ACERA.

AFC and public-private-partnership (PPP) Cabeolica have inaugurated 13.5MW of wind power generation and 26MWh of battery storage in Cape Verde.

A joint venture (JV) between EDF and developer AME has begun construction of large-scale battery and solar photovoltaic (PV) projects in Chile, with 2GWh storage capacity.

Developer Acciona Energia will add a gigawatt-hour-scale battery energy storage system (BESS) at an existing solar PV plant in Chile.

Takeaways from the first day of Energy Storage Summit Latin America 2025, including the Chilean and Argentinian markets.

Chile is leading Latin America’s wave of energy storage adoption, closely linked to its embrace of solar PV.

Victoria achieved a new BESS discharge and charge record over the weekend, with 693.5MW and -704.8MW, respectively.

Grid limitations can impact the business case for battery storage assets for a number of reasons, writes Amira Belazougui of Clean Horizon.

Atlas Renewable Energy has inaugurated a 200MW/800MWh BESS project in Chile, which it claimed is the ‘first large-scale standalone BESS’ in the country and the wider Latin American region.