The power went out every now and then while I was in Brazil last year. Costa Rica was quite a bit while I was living there. I’m not sure I can agree to be excited about an arbitrary milestone without equivalence to expectations.
Brazil went into a privatization craze from late 90s onwards, and most formerly state owned utilities became private concessions. The new owners cut maintenance and upgrade budgets to the bone, and over the years many sections of the grid became seriously degraded.