The wind power market in Latin America expanded by 326% in 2014 compared to the previous year. More than 4.1 gigawatts (GW) of wind power capacity was commissioned in the region, surpassing the previous year’s total of 1.3 GW. Brazil led the region with the connection of 2.5 GW in 2014. Elsewhere, record years in…
Study Shows Brazil & Latin America to Reach 46GW of Wind Power by 2025
Led by Brazil, Latin America is expected to reach 46 GW of total installed wind capacity by 2025 with a 12.6% compound annual growth rate of yearly installations, according to a new market study, Latin America Wind Power Markets and Strategies: 2010-2025, from IHS. Brazil will lead the region with 31.6 GW installed by 2025,…