Wood Mackenzie raises Latin America energy storage forecast to 34 GW by 2035

The analyst firm projects renewable curtailment and grid constraints will drive storage deployment across Chile, Mexico, Brazil, and Argentina, though financing and regulatory gaps remain barriers to the 13-fold growth.

First covered Aug 28, 2026 · 4:18 AM PT · 1 article · no longer in the live window

Wood Mackenzie raises Latin America energy storage forecast to 34 GW by 2035 — Image via pv-magazine.com

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29d PV Magazine Wood Mackenzie raises Latin America storage forecast to 34 GW by 2035 — Wood Mackenzie forecasts Latin America’s energy storage capacity to surge from 2.5 GW in 2025 to 34 GW by 2035, driven by renewable curtailment, grid…

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Appeared in: 2026-08-28 (#1) · 2026-08-29 (#8)

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