According to figures published by the Global Wind Energy Council (GWEC) in the Global Wind Report- Annual Market Update (world data is dealt with in another article in this issue), wind power is now finally reaching critical mass in a number of Latin American markets, and the region has begun developing a substantial wind power industry to complement its rich hydro and biomass (and potentially solar) resources.
In the medium to long-term, the demand for energy security and diversity of supply is expected to foster the growth of wind power in Latin America.
For the first time the Latin American market installed over 1 GW of new capacity. Last year six markets in the region installed 1,225 MW of new wind capacity for a total installed capacity of just over 3.5 GW.
Article published in: FuturENERGY June 2013