Brazil Battery-Storage Auction Draws Record 296,807 MW
Brazil's first battery-storage auction drew a record 296,807 MW across 6,000+ projects, EPE says, as capital rotates into grid storage.
August 4, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Ex-Nubank CTO Launches AI Wealth Startup Decade on US$85M Seed
Decade, an AI wealth startup founded by an ex-Nubank CTO, opens to the public in São Paulo after a US$85M...
August 4, 2026
ChatGPT Ads Brazil Pilot to Test AI Monetization
OpenAI is set to switch on ChatGPT ads in Brazil, one of its largest markets, in a Free and Go...
August 4, 2026
Colombia’s Gambling Hits 2% of GDP, Surpassing Coffee
Colombia’s gambling 2% of GDP milestone, fueled by online betting and the 2026 World Cup, now tops coffee and coal,...
August 4, 2026
Cerro Matoso Output Cut in Half After Gas Cutoff
Colombia’s Cerro Matoso output cut of up to 50% follows Canacol Energy’s move to slash contracted gas supply, putting Córdoba...
August 4, 2026
Colombia Charges Enel, AES, Celsia with Energy Price-Fixing
Colombia’s SIC filed energy price-fixing charges against Enel, AES and Celsia over inflated power-pool offers made from 2022 to 2025.
August 4, 2026
Colombian Mato Grosso: De la Espriella’s US$1.3 Billion Agro Plan
President-elect De la Espriella is exploring a 20-year, IDB-backed plan to turn the Llanos Orientales into a Colombian Mato Grosso...
August 4, 2026
Guyana Ring-Fencing Gap May Cost US$12.4 Billion
Civil-society critics say the missing ring-fencing clause in Guyana's ExxonMobil Stabroek deal costs billions as output tops 900,000 barrels a...
August 4, 2026
Pilots’ Strike Strands 140+ Ships on Argentina’s Paraná River
A river pilots' strike against Argentina's Decree 690/2026 has stranded 140-plus ships since 1 August, paralyzing the Paraná grain-export corridor.
August 4, 2026