SolarPower Europe Highlights Solar Investment Opportunities in Latin America

SolarPower Europe, in partnership with the Global Solar Council (GSC) and supported by several national renewable energy associations, has launched the second edition of its report on solar investment opportunities in Latin America. The report was unveiled during Intersolar South America 2025 in São Paulo.

The publication provides a detailed overview of investment prospects in Argentina, Brazil, Colombia, Mexico, and Peru, focusing on market dynamics, regulatory frameworks, and recommendations to accelerate solar deployment. Latin America has set an ambitious goal of generating 70% of its electricity from renewable sources by 2030, aligned with the Renewable Energy for Latin America and the Caribbean (RELAC) Initiative.

Katherine Poseidon, Head of Strategy, Analytics & Process at Voltalia and Chair of SolarPower Europe’s Global Markets Workstream, emphasized the region’s potential:
“Latin America’s strong solar resources can be an engine for regional growth. This report provides investors with guidelines and policymakers with recommendations to tap into this potential.”

Máté Heisz, Chief Operating Officer at SolarPower Europe, added that the region’s established markets and strong project pipeline make it one of the most attractive renewable investment destinations globally.

Industry leaders from across the region reinforced this outlook:

• Rodrigo Sauaia (ABSOLAR) said Brazil is moving in the right direction but highlighted the need for further consolidation of solar power as a development driver.
• Marcelo Alvarez (CADER) pointed to Argentina’s strong solar PV expansion, driven by declining costs.
• Nelson Delgado (ASOLMEX) underlined Mexico’s potential across distributed and utility-scale solar, coupled with energy storage opportunities.
• Raquel Carrero (SPR) noted Peru’s exceptional solar resources and stressed the importance of regulation, modern transmission, and storage markets to unlock green investment.

Sonia Dunlop, CEO of the Global Solar Council, highlighted the role of finance in scaling solar adoption:
“By unlocking capital through blended finance, risk-mitigation tools, and clearer market structures, we can turn Latin America’s solar promise into progress.”