The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.

Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.

Guyana, a country on South America’s north coast, has issued an invitation for bids for energy storage projects with a combined capacity of 34MWh. 

Developer On.Energy is deploying 39MWh of battery energy storage systems (BESS) at airports across Latin America (LATAM), Energy-Storage.news can reveal.

Despite having the largest lithium reserves in the world, Latin America (LATAM) has lagged far behind other continents when it comes to setting up lithium-ion gigafactories.

Canadian Solar was behind a successful bid in Chile’s July auction with 253MWp of solar PV and 1GWh battery energy storage.

Efforts by the Chilean government and US-headquartered energy infrastructure company AES Corporation will boost the Latin American country’s installed base of battery storage. 

Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables. 

Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.

Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines.