A lot of hopes are resting on the economies of Latin America, not just in the wind industry. Power demand is expected to grow by 3% yearly to 2016. wind power is competing with popular hydro and ethanol sources to provide the extra capacity.
The last 12 months show significant wind power capacity growth, especially in the leading wind nations of Brazil and Mexico. Argentina has added megawatts too, largely from a 77MW project in Patagonia, the first from a renewable energy auction system that had been hoped to bring more projects on line - many now on hold through the country's financial difficulties.
Project plans in the pipeline, according to Windpower Intelligence, reflect the high expectations, with Chile and Argentina expected to join the two stalwarts in delivering projects. But, with policy across the region remaining largely uncertain, and grid issues already affecting Brazil's project connections, only time will tell how much of this capacity will be realised, and when.