Solar Investment Opportunities: Latin America

Argentina, Brazil, Colombia, Mexico, and Peru

28 August 2025

This latest work of SolarPower Europe’s Global Markets Workstream provides a comprehensive overview of solar investment opportunities in five priority countries: Argentina, Brazil, Colombia, Mexico, and Peru.

This report provides an overview of Latin America's business environments, and major macroeconomic trends, while analysing the regulatory framework, and infrastructure network of each priority country. 

 

Across all five countries, the report finds several common barriers are impacting solar PV deployment: infrastructure constraints, especially in transmission networks; inconsistent regulatory implementation across jurisdictions; and limited access to financing and risk mitigation tools. The report provides detailed, country-specific recommendations aimed at resolving these bottlenecks. These range from improving permitting processes and harmonising regulations, to boosting the bankability of Power Purchase Agreements (PPAs), and facilitating battery energy storage deployment. 

 

Latin America is committed to expanding its renewable energy capacity, aiming to have at least 70% of its electricity generated from renewable energy by 2030, in line with the 2019 Renewable Energy for Latin America and the Caribbean (RELAC) Initiative. 

Solar Investment Opportunities: Latin America

This report provides a comprehensive overview of solar investment opportunities in five priority countries: Argentina, Brazil, Colombia, Mexico, and Peru. It also explores investment prospects within these countries, their market dynamics, regulatory frameworks, as well as concrete recommendations to accelerate solar deployment.

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