South America purchases mobile energy storage power
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Panama made history with its 2024 tender for 500 MW of renewables plus storage, aiming for 120–150 MW of BESS deployment. This represents the first market-based approach to energy storage in Central America, potentially serving as a model for the region.
“Power2Drive South America is the ideal forum for bringing together industry professionals, exchanging experiences with experts and researchers leading the transformation of e-mobility, and strengthening connections with the various players driving this ecosystem”, Rafael Cunha, COO MOVE and Conference Advisor Power2Drive South America noted.
Colombia's Ministry of Energy and Mines is considering launching tenders for storage co-located with solar and wind farms in La Guajira, a region with high renewable resource potential but weak grid infrastructure. Argentina entered the BESS race with the “Alma GBA” tender for 500 MW of storage, launched in early 2025 and worth $500 million.
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