On November 25-26, the Bloomberg New Energy Finance (BNEF) Summit 2025 convened in Shanghai, bringing together global leaders from the energy, transportation, industry, finance, and technology sectors to discuss key trends shaping the global energy transition. Mr. Joey Zheng, Sales VP of APMEA and LATAM at DAS Solar, was invited to a high-level dialogue session, where he shared his perspectives on the opportunities and challenges facing energy investment in Latin America. Drawing on global market experience, technology trends, and evolving business models, Zheng provided strategic insights for stakeholders exploring the region.

Latin America Emerges as a Key Growth Market for Renewable Investment

Latin America is rapidly establishing itself as one of the most dynamic frontiers for renewable energy, driven by its abundant natural resources, rising electricity demand, and increasingly supportive policy environment. According to Zheng, Brazil, Chile, and Mexico—excluding Peru—are emerging as high-potential markets for both PV and energy storage deployment. In particular, Brazil, the region's largest economy, benefits from a mature solar auction framework and long-term stable policy incentives. Its distributed PV Net Metering program has been extended through 2045, offering clarity for downstream investors. In the first nine months of 2025 alone, China exported 11.4 GW of PV modules to Brazil, making it the largest importer across the Americas.

Zheng noted that the growth of AI and cloud computing industries, combined with Brazil's large population and evolving digital economy, is driving unprecedented demand for reliable clean power. "In the long run, Brazil is well-positioned to become a regional computing hub, unlocking structural opportunities for the solar sector," he said.

In Chile, renewable energy already accounts for nearly 70% of power generation in 2025. However, the country's elongated geography poses significant grid interconnection challenges, making distributed solar-plus-storage systems an increasingly vital complement to the national grid. Meanwhile, Mexico's proximity to the U.S. market and the government's 6-9.5 GW renewables buildout plan for 2025-2030 is also drawing considerable attention from the industry.

Real-World Projects Validate Technology Performance and Business Models

DAS Solar has built an extensive portfolio across Latin America, showcasing its technical capabilities in a wide range of application scenarios. A standout example is the 6 MW solar-hybrid mining system in Peru, developed in collaboration with global heavy equipment manufacturer Caterpillar.

Designed to reduce diesel dependency and maximize clean power usage, the hybrid system can ensure stable 24/7 energy supply. As storage costs continue to fall, reliance on diesel in such mining operations is expected to drop from over 80% to approximately 20%. The model has strong replication potential in mining-intensive countries like Australia and Indonesia, offering a scalable solution for green industrial transformation.

As part of its "Technology Export + Localized Service" strategy, DAS Solar has also accelerated market penetration through regional partnerships. In Brazil, the company worked with local renewable developer TR Energia to complete two ground-mounted PV projects in Pernambuco state, totaling 8.6 MW. The installations, powered by DAS Solar's proprietary high-efficiency DAON modules, are now grid-connected and are expected to supply electricity to over 5,000 households annually. The projects have validated the reliability and environmental resilience of DAS Solar's bifacial N-type modules under Brazil's challenging high-heat, high-humidity, and high-salt conditions.

Policy, Financing, and Infrastructure Remain Key Hurdles
Despite strong fundamentals, Zheng emphasized that investing in Latin America still presents notable challenges. Firstly, policy uncertainty persists in segments such as energy storage. In Brazil, for instance, although demand is rising quickly, the absence of a well-defined business model and revenue framework has made some investors cautious. Secondly, financing remains complex. High local interest rates (8-15%), currency volatility, and dependence on international lenders for cross-border funding undermine long-term return predictability. Thirdly, weak infrastructure—particularly in remote regions with limited grid capacity and logistical bottlenecks—drives up both costs and project timelines.

"For Chinese companies, strong technical capabilities and deep local partnerships are essential," Zheng noted. "By combining proven products, EPC expertise, and flexible business models, developers can mitigate risks and accelerate project delivery."

Empowering the Global Energy Transition

As the global energy transition enters a new phase, Latin America is rapidly becoming a major pillar of international clean energy growth. DAS Solar remains committed to leveraging its N-type high-efficiency technology and global service capabilities to support the expansion of solar power across emerging and mature markets alike.

Looking ahead, the company will continue to grow its global operational network, offering reliable, high-performance products and responsive local service to help accelerate the global shift toward low-carbon and intelligent energy systems. By strengthening international partnerships and scaling clean energy adoption, DAS Solar is helping build a more sustainable future for the world.