$500 Billion in LATAM Renewable Projects Stall as Shipping Costs Surge
Key Points — Latin America invests $70 billion annually in clean energy but needs $150 billion per year by 2030 to meet its decarbonization targets, according to the IEA — The Iran war has created a paradox: higher oil prices make renewables more competitive, but surging shipping and insurance costs raise import prices for solar […] The post $500 Billion in LATAM Renewable Projects Stall as Shipping Costs Surge appeared first on The Rio Times.
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Key Points — Latin America invests $70 billion annually in clean energy but needs $150 billion per year by 2030 to meet its decarbonization targets, according to the IEA — The Iran war has created a paradox: higher oil prices make renewables more competitive, but surging shipping and insurance costs raise import prices for solar […]
The post $500 Billion in LATAM Renewable Projects Stall as Shipping Costs Surge appeared first on The Rio Times.
