SolarPower Europe’s Global Markets Workstream released an assessment of solar investment opportunities in Argentina, Brazil, Colombia, Mexico, and Peru. Latin America is pursuing the RELAC Initiative target of generating 70% of electricity from renewable sources by 2030. The report examined that macroeconomic conditions, regulatory frameworks, and infrastructure capacity in the five countries. It found solar growth was hampered by limited transmission networks, uneven regulatory enforcement and scarce financing options. According to the study, these barriers have slowed project execution despite strong demand. Recommendations also included streamlining permitting processes, aligning regulatory frameworks and enhancing the bankability of Power Purchase Agreements. The report also advised promoting battery energy storage to increase flexibility. Country-specific measures were suggested to support investment and accelerate deployment.