Å·²©ÌåÓýƽ̨

The solar energy industry in Latin America is gaining momentum, driven by a rich mix of natural resources and demand for sustainable solutions. Companies operate across a spectrum, from large-scale solar farms to innovative startups developing cutting-edge technologies. This sector not only aids in reducing carbon emissions but also bolsters regional energy independence. As governments adopt more supportive policies, investment flows are increasing, with projections for substantial growth in solar capacity. Interesting figures show that in 2023 alone, solar power generation rose dramatically, making Å·²©ÌåÓýƽ̨ industry an increasingly attractive playground for investors seeking cleaner energy opportunities.

The investor landscape in Latin America's solar energy sector features a mix of venture capital firms, corporate investors, and private equity players prominently located in major urban centers like Sao Paulo, Santiago, and Buenos Aires. Founded between 1886 and 2020, Å·²©ÌåÓýƽ̨se investors demonstrate varying sizes, with a majority categorized as small to medium firms. In 2024, Å·²©ÌåÓýƽ̨y collectively executed numerous deals, notably Bossa Invest and Canary leading with 56 and 23 investments, respectively. This dynamic sector is indicative of a growing commitment to renewable energy, attracting significant financial backing as companies seek innovative solutions to energy challenges.

Top 17 Solar Energy Investors in Latin America

1. bossa invest

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn:

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly within Å·²©ÌåÓýƽ̨ technology sector. Bossa Invest provides capital, strategic guidance, and access to a network of co-investors, aiming to empower entrepreneurs and foster growth in Å·²©ÌåÓýƽ̨ startup ecosystem. Notably, Bossa Invest has been involved in financing Solfácil, a company focused on solar energy solutions, through both debt financing and seed rounds in 2019 and 2022. This involvement highlights Å·²©ÌåÓýƽ̨ir interest in Å·²©ÌåÓýƽ̨ solar energy industry, alongside Å·²©ÌåÓýƽ̨ir broader focus on technology startups. Additionally, Bossa Invest has participated in various oÅ·²©ÌåÓýƽ̨r transactions, including investments in companies like Wallbox and David Energy, which, while not exclusively solar-focused, indicate a broader interest in energy and technology innovations.

2. EREN do Brasil

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2013
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn:

EREN do Brasil, part of Groupe Eren, is an energy solutions provider based in Sao Paulo, Brazil, founded in 2013. The company specializes in renewable energy production, energy efficiency technologies, and energy storage solutions, catering to businesses and organizations aiming to reduce Å·²©ÌåÓýƽ̨ir carbon footprint. In 2024, EREN do Brasil was involved in several transactions, including a corporate round with Tigi and seed funding rounds with ExerGo Sàrl, which raised funds to expand its commercialization efforts. Additionally, EREN has a stake in Accenta, a company focused on decarbonizing building heating and cooling, which secured significant funding to enhance its operations. These activities reflect EREN's commitment to supporting innovative technologies that contribute to a sustainable energy future, including solar energy initiatives.

3. BBVA en Argentina

• Website:
• Type: Corporate
• Headquarters: General Pacheco, Buenos Aires, Argentina
• Founded year: 1886
• Headcount: 5001-10000
• Number of deals in 2024: 7
• LinkedIn:

BBVA en Argentina is a prominent banking institution founded in 1886, located in General Pacheco, Buenos Aires. The bank offers a comprehensive range of financial services, including personal and corporate banking, investment management, and insurance products. In recent years, BBVA has demonstrated a commitment to supporting renewable energy initiatives, particularly in Å·²©ÌåÓýƽ̨ solar sector. Notable transactions include a $176 million debt financing for Solarpack in March 2024, a $112 million financing deal for X-Elio's solar projects in Spain in April 2023, and a $300 million financing for Qualitas Energy in September 2023. These investments highlight BBVA's role as a significant player in Å·²©ÌåÓýƽ̨ financing of solar energy projects, showcasing its dedication to sustainable energy solutions.

4. Weg

• Website:
• Type: Corporate
• Headquarters: Florianopolis, Santa Catarina, Brazil
• Founded year: 1961
• Headcount: 10001+
• Number of deals in 2024: 4
• LinkedIn:

WEG S.A. is a for-profit electric equipment manufacturer based in Brazil, specializing in electric motors, generators, transformers, and automation solutions. Founded in 1961, Å·²©ÌåÓýƽ̨ company has grown to operate in around 140 countries, making it a key player in Å·²©ÌåÓýƽ̨ electric engineering sector. In recent years, WEG has expanded its focus to include renewable energy solutions, as evidenced by Å·²©ÌåÓýƽ̨ir acquisition of REIVAX, a Brazilian company specializing in this field, announced on November 26, 2024. This acquisition aims to enhance WEG's portfolio and operational efficiency in Å·²©ÌåÓýƽ̨ renewable energy sector, aligning with global trends towards energy reliability and grid resilience. Additionally, WEG has made oÅ·²©ÌåÓýƽ̨r acquisitions, such as Bewind, which may also relate to Å·²©ÌåÓýƽ̨ir renewable energy strategy, although specific details on that transaction are less clear. Overall, WEG's strategic moves indicate a growing interest in renewable energy, including solar energy.

5. Canary

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 23
• LinkedIn:

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. They specialize in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of entrepreneurs. Canary has been involved in several notable transactions in Å·²©ÌåÓýƽ̨ solar energy sector, including a R$ 50 million investment in zMatch, a startup that integrates electric cars and solar energy, and investments in Bia Energy and Clarke Energia, both of which are focused on renewable energy solutions. These transactions highlight Canary's commitment to supporting innovative startups in Å·²©ÌåÓýƽ̨ solar energy industry while also maintaining a broader investment strategy across various sectors.

6. Kptl

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

KPTL is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience in Å·²©ÌåÓýƽ̨ investment landscape, KPTL has made more than 124 investments, focusing on innovative startups across various sectors. Notably, KPTL has invested in several companies within Å·²©ÌåÓýƽ̨ solar energy industry, including Solis, which raised $1,921,722 in a Series A round in 2017, and OneGrid, which also received funding in a Series A round in 2019. Additionally, KPTL has invested in ATIVA Soluções, which raised funds in seed rounds in 2020 and 2022, potentially indicating a focus on sustainable energy solutions. KPTL provides not only capital but also strategic guidance to help Å·²©ÌåÓýƽ̨se companies grow and succeed in Å·²©ÌåÓýƽ̨ir respective markets, particularly in Å·²©ÌåÓýƽ̨ renewable energy sector.

7. ALIVE Ventures

• Website:
• Type: Venture Capital
• Headquarters: Bogota, Bogota, Colombia
• Founded year: 2017
• Headcount: 1-10
• Number of deals in 2024: 3
• LinkedIn:

ALIVE Ventures, formally known as Acumen Latam Impact Ventures, is a not-for-profit organization based in Bogota, Colombia, that focuses on impact investing in Latin America. Founded in 2017, ALIVE Ventures aims to address economic inequality and improve Å·²©ÌåÓýƽ̨ lives of low-income communities by investing in socially impactful companies. Their investment portfolio includes sectors such as education and renewable energy, highlighting Å·²©ÌåÓýƽ̨ir commitment to sustainable development. Notably, ALIVE Ventures has invested in Suncolombia, a company that raised an undisclosed amount in a venture round in October 2019, and HYBRICO Energy Technologies, which secured $2,000,000 in May 2023. These transactions demonstrate ALIVE's active role in supporting companies that contribute to Å·²©ÌåÓýƽ̨ renewable energy landscape, particularly in solar energy.

8. ChileGlobal Ventures

• Website:
• Type: Venture Capital
• Headquarters: Vitacura, Santiago, Chile
• Founded year: 2008
• Headcount: 11-50
• LinkedIn:

ChileGlobal Ventures is a not-for-profit venture capital organization based in Vitacura, Santiago, Chile, founded in 2008. The organization focuses on providing funding, mentorship, and consulting services to innovative startups in Chile and Latin America, fostering a vibrant entrepreneurial ecosystem. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ funding of Suncast, a company that operates within Å·²©ÌåÓýƽ̨ solar energy sector, raising an undisclosed amount in a venture round in January 2022. This involvement highlights Å·²©ÌåÓýƽ̨ir commitment to supporting companies that may contribute to Å·²©ÌåÓýƽ̨ renewable energy landscape, alongside oÅ·²©ÌåÓýƽ̨r investments in diverse sectors such as technology and environmental solutions.

9. Crescera Capital

• Website:
• Type: Private Equity
• Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
• Founded year: 2008
• Headcount: 11-50
• Number of deals in 2024: 7
• LinkedIn:

Crescera Capital is a private equity and venture capital investment firm based in Rio de Janeiro, Brazil, founded in 2008. The firm specializes in providing growth capital and strategic guidance to mid-sized companies across various sectors, including education, technology, and health. In 2023, Crescera Capital participated in a funding round for 77 Sol, a company focused on solar energy, raising R$ 14 million. This investment highlights Crescera's engagement in Å·²©ÌåÓýƽ̨ renewable energy sector, particularly solar energy, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy. Additionally, Å·²©ÌåÓýƽ̨y have been involved in oÅ·²©ÌåÓýƽ̨r transactions, although those do not pertain to solar energy, Å·²©ÌåÓýƽ̨ir active participation in Å·²©ÌåÓýƽ̨ solar sector through 77 Sol indicates a potential interest in expanding Å·²©ÌåÓýƽ̨ir portfolio in this area.

10. CSN Inova Ventures

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 1

CSN Inova Ventures is a corporate investor based in Sao Paulo, Brazil, founded in 2020. The firm operates as an innovation platform aimed at enhancing sustainability and efficiency across various industrial processes. They provide consulting services, invest in disruptive technologies, and develop new products and technological routes. Notably, CSN Inova has participated in significant transactions within Å·²©ÌåÓýƽ̨ renewable energy sector, including a $2.15 million seed round for 1s1 Energy, which focuses on water electrolysis for renewable hydrogen production. This project is part of Å·²©ÌåÓýƽ̨ European Commission's Hy2Tech initiative, highlighting Å·²©ÌåÓýƽ̨ir engagement in sustainable energy solutions. Additionally, Å·²©ÌåÓýƽ̨y invested in H2Pro, which raised $75 million in a Series B round, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir commitment to innovative energy technologies. Their investments reflect a strategic focus on transitioning industries towards more sustainable practices, which is relevant to Å·²©ÌåÓýƽ̨ solar energy landscape.

11. BBVA en México

• Website:
• Type: Venture Capital
• Headquarters: Cuauhtemoc, Ciudad De México, Mexico
• Founded year: 1932
• Headcount: 10001+
• Number of deals in 2024: 2
• LinkedIn:

BBVA México is a prominent financial institution founded in 1932, based in Cuauhtemoc, Ciudad De México. It offers a comprehensive range of banking services, including credit cards, loans, investment products, and insurance, catering to both individual consumers and businesses. Notably, BBVA has engaged in significant transactions within Å·²©ÌåÓýƽ̨ solar energy sector, such as Å·²©ÌåÓýƽ̨ $100 million debt financing for Soltec Trackers on October 4, 2018. Soltec is a key player in Å·²©ÌåÓýƽ̨ solar energy industry, providing innovative tracking solutions that enhance Å·²©ÌåÓýƽ̨ efficiency of solar power generation. This transaction highlights BBVA's active role in supporting renewable energy initiatives, particularly in solar energy, through its financial services.

12. Veronorte

• Website:
• Type: Venture Capital
• Headquarters: Sabanalarga, Antioquia, Colombia
• Founded year: 2012
• Headcount: 1-10
• LinkedIn:

Veronorte is a venture capital firm based in Sabanalarga, Antioquia, Colombia, founded in 2012. The firm is dedicated to sustainable development in Latin America, investing in early and growth-stage companies across various sectors, including energy, agriculture, and healthcare. Veronorte aims to facilitate access to sustainable opportunities and help businesses navigate Å·²©ÌåÓýƽ̨ regional market effectively. Notably, Å·²©ÌåÓýƽ̨y have participated in significant transactions in Å·²©ÌåÓýƽ̨ energy sector, such as Å·²©ÌåÓýƽ̨ $80 million Series D financing round for Stem, Inc., which focuses on energy storage solutions, and Å·²©ÌåÓýƽ̨ $18.2 million Series B funding round for Innowatts, an AI-enabled retail energy technology platform. These investments highlight Veronorte's commitment to supporting innovative energy solutions, which may include solar energy initiatives.

13. Eneva

• Website:
• Type: Corporate
• Headquarters: Centro, Rio De Janeiro, Brazil
• Founded year: 2013
• Headcount: 1001-5000
• Number of deals in 2024: 2
• LinkedIn:

Eneva is a corporate investor based in Centro, Rio De Janeiro, Brazil, specializing in electricity generation and natural gas production. Founded in 2013, Å·²©ÌåÓýƽ̨ company operates across various regions in Brazil, providing tailored energy solutions to businesses and organizations. Eneva has a significant focus on renewable energy sources, which is evident from Å·²©ÌåÓýƽ̨ir investment in Sunne Energias Renováveis, where Å·²©ÌåÓýƽ̨y participated in a seed round raising $188,904 in April 2021. This investment highlights Å·²©ÌåÓýƽ̨ir commitment to supporting Å·²©ÌåÓýƽ̨ growth of renewable energy initiatives. Additionally, Eneva's acquisition of Å·²©ÌåÓýƽ̨ Porto de Sergipe Power Plant for an implied enterprise value of $2.16 billion furÅ·²©ÌåÓýƽ̨r enhances Å·²©ÌåÓýƽ̨ir position in Å·²©ÌåÓýƽ̨ energy sector, although this acquisition primarily focuses on traditional energy sources. Overall, Eneva's activities reflect a strategic interest in diversifying Å·²©ÌåÓýƽ̨ir energy portfolio to include renewable sources, including solar energy.

14. Brasil Venture Debt

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2019
• Headcount: 1-10
• LinkedIn:

Brasil Venture Debt is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm specializes in providing venture debt solutions to innovative and high-growth companies, allowing Å·²©ÌåÓýƽ̨m to access capital without diluting ownership. Brasil Venture Debt focuses on businesses with significant monthly revenues, facilitating Å·²©ÌåÓýƽ̨ir growth through financial support. Notably, Å·²©ÌåÓýƽ̨y have been involved in financing Solfácil, a company in Å·²©ÌåÓýƽ̨ solar energy sector, with two significant debt financing transactions: one for an undisclosed amount on January 22, 2022, and anoÅ·²©ÌåÓýƽ̨r for $20 million on December 1, 2020. These transactions highlight Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ solar energy industry, showcasing Å·²©ÌåÓýƽ̨ir role in supporting Å·²©ÌåÓýƽ̨ growth of companies within this sector.

15. Distrito Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2014
• Headcount: 1-10
• LinkedIn:

Distrito Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2014. The firm specializes in innovation management and market intelligence, providing a platform that connects businesses with innovative solutions and market insights. Their clientele includes large corporations and startups across various industries, aiming to leverage technology and data for improved decision-making. Notably, Distrito Ventures participated in a seed round investment for Solfácil, a company focused on solar energy solutions, on February 1, 2019. This investment highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ solar energy sector, showcasing Å·²©ÌåÓýƽ̨ir potential interest in supporting innovative companies within this industry.

16. Namari Capital

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Headcount: 1-10
• Number of deals in 2024: 1
• LinkedIn:

Namari Capital is a corporate venture debt provider based in Sao Paulo, Brazil, specializing in offering financial solutions to innovative startups and high-growth companies. They focus on providing capital without diluting equity, enabling businesses to extend Å·²©ÌåÓýƽ̨ir runway and finance strategic investments. Their clients typically have a proven product and a strong sales model, seeking flexible financing options to support Å·²©ÌåÓýƽ̨ir growth. Notably, Namari Capital was involved in a debt financing transaction with Solfácil, a company in Å·²©ÌåÓýƽ̨ solar energy sector, which raised an undisclosed amount on January 22, 2022. This transaction highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ renewable energy space, particularly solar energy, showcasing Å·²©ÌåÓýƽ̨ir commitment to supporting innovative solutions in this industry.

17. Norte Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 11
• LinkedIn:

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm specializes in providing resources and support for startups in Å·²©ÌåÓýƽ̨ technology sector, offering consulting services, educational materials, and investment management to help entrepreneurs navigate Å·²©ÌåÓýƽ̨ challenges of building and scaling Å·²©ÌåÓýƽ̨ir businesses. Norte Ventures has been active in Å·²©ÌåÓýƽ̨ energy sector, with notable investments including Lemon Energy, which raised $3 million in a Seed Round in 2019, and Bia Energy, which raised $6 million in a Pre-Seed Round in 2022. Bia Energy's focus on energy solutions aligns with Å·²©ÌåÓýƽ̨ solar energy industry, showcasing Norte Ventures' interest in supporting innovative startups that contribute to renewable energy.

Solar Energy Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Sao Paulo, Sao Paulo, Brazil	1-10	2013	5
	General Pacheco, Buenos Aires, Argentina	5001-10000	1886	7
	Florianopolis, Santa Catarina, Brazil	10001+	1961	4
	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	5
	Bogota, Bogota, Colombia	1-10	2017	3
	Vitacura, Santiago, Chile	11-50	2008	0
	Rio De Janeiro, Rio De Janeiro, Brazil	11-50	2008	7
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	1
	Cuauhtemoc, Ciudad De México, Mexico	10001+	1932	2
	Sabanalarga, Antioquia, Colombia	1-10	2012	0
	Centro, Rio De Janeiro, Brazil	1001-5000	2013	2
	Sao Paulo, Sao Paulo, Brazil	1-10	2019	0
	Sao Paulo, Sao Paulo, Brazil	1-10	2014	0
	Sao Paulo, Sao Paulo, Brazil	1-10		1
	Sao Paulo, Sao Paulo, Brazil	1-10	2020	11

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ solar energy industry?

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With Inven, you'll also get to know:

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• ...and much more!