Costa Rica

Costa Rica

A region set for growth

Brazil and Mexico, long established as the leading players in the Latin American wind industry, firmly consolidated their supremacy over the past 12 months.

Brazil's installed capacity grew by 41.3% to top 2.7GW, more than half the region's total, while Mexico's less impressive 26.1% expansion leaves it close to 1.4GW of installed capacity, more than a quarter of the region's wind-generated energy.

Progress in other countries throughout the region has been decidedly more modest, but that could be about to change as Chile, Argentina and Uruguay set in process ambitious plans to grow their currently minuscule wind energy capacity. Smaller players, notably Panama, Venezuela and Honduras, are also reporting signficant projects in the pipeline.

Whether the region offers sufficient political clarity and investment confidence to make good all these projections over the next decade or so remains to be seen.

Latin AMerica map

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