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Between December 2025 and January 2026, more than 2,300 MW of renewable energy projects were submitted for environmental permitting in Mexico, underlining strong momentum in solar and wind power led by the state-owned utility CFE.
The competitive process will award 60 MW / 240 MWh of battery energy storage systems. It marks the first time Barbados has used price-based competition in its power sector, creating a potential blueprint for other Caribbean markets.
The 1,346-km project led by Conexión Energía will move up to 3 GW from northern Chile to the country’s main demand centre, easing grid congestion and enabling large-scale renewable integration through HVDC technology—used in Chile for the first time.