Why Batteries Are About to Have a Moment in Brazil

Battery auctions are usually sleepy affairs for all but the most diehard energy nerds. But one in Brazil is shaping up to be an interesting test of just how much influence China’s clean tech industry has in Latin America. Today’s newsletter looks at the inroads Chinese companies are making in the region’s largest economy and how they’re likely to fare against competitors.

Plus, destructive wildfires have ripped through Chile, a country where such ferocious blazes were unheard of until recently. And we’re tracking the powerful winter storm that will test Texas’ grid and New York City’s new mayor Zohran Mamdani.