The first two phases of Oasis de Atacama, the largest solar power and energy storage project in Latin America, have come on stream in Chile's Antofagasta Region. 5%, primarily driven by the expansion of wind and solar photovoltaic plants, as well as an increased share of natural gas in the energy matrix. Aligned with global. Projections indicate a consistent 10% to 15% annual growth through 2025, with Brazil (45 GW), Mexico (3. 3 GW), Chile (3 GW), and Colombia (1. 2 gigawatt-hour battery storage system that can.