What are the opportunities for battery energy storage systems in Latin America?

The opportunities for battery energy storage systems are growing rapidly in Latin America. Below are some key details for those who want to understand and succeed in the BESS market. In 2010, the IEA projected that the world would reach its 2019 solar penetration only in 2035. Analysts underestimated solar adoption by 16 years.

Why is Huawei developing a solid-state battery?

Huawei’s design aims to boost safety and cycle life by mitigating degradation at this critical junction. Huawei’s involvement in solid-state battery research reflects a broader trend among Chinese technology and automotive companies. While Huawei does not manufacture power batteries, it has shown increasing interest in upstream battery materials.

Will Chile pay a capacity payment for energy storage projects in 2024?

Chile passed an energy storage and electromobility bill in late 2022, making stand-alone storage projects profitable for operators. However, the market is still awaiting new rules regarding a capacity payment for storage projects—expected in 2024.

Does Huawei make power batteries?

While Huawei does not manufacture power batteries, it has shown increasing interest in upstream battery materials. Earlier in 2025, the company filed a separate patent on the synthesis of sulfide electrolytes — a key material known for its high conductivity but also high cost, sometimes exceeding the price of gold.

How will solid-state battery technology impact China's eV and tech sectors?

China’s EV and tech sectors are aggressively exploring solid-state battery technologies to reduce reliance on established battery suppliers such as CATL and BYD. Companies like Xiaomi, and Nio, depend on third-party battery manufacturers.

Does Huawei have a 3,000-kilometre range and 5-minute charging range?

While Huawei’s claims of a 3,000-kilometre range and five-minute charging have generated widespread attention, experts warn that such figures remain theoretical and would require charging infrastructure that is not yet commercially available.