While Latin America and the Caribbean have shown the slowest growth in terms of energy transition in the last decade, Brazil and Chile performed extremely well, ranking in the top 20 performers worldwide, according to the World Economic Forum’s 2024 Fostering Effective Energy Transition Report. Both Latin American countries now have a diverse energy mix, with renewable sources contributing significantly to their energy demand. Further growth is expected to be seen in the coming years as both countries continue to develop their renewable energy…
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