Rapid growth but still below full potential

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Wind Power Monthly, Latin America Special

Wind power now exceeds a healthy looking 5 GW of installed capacity in Latin America doubling its tally over the past 18 months as the preferred renewable energy choice for investment. 

Brazil and Mexico are maintaining their market leadership with annual installed capacity accounting for more than 50% and 25% respectively of the region’s total output. Growth in other countries, despite some ambitious targets and plans, is rather more modest.

However, wind power is making some inroads into some new smaller markets such as Uruguay.