GWEC flags LatAm wind-power potential – and challenges

From 3.7GW of new wind capacity in 2014, the Latin America and Caribbean region – excluding Mexico – should top 5GW as an annual average through 2019, says GWEC’s annual market update.

In cumulative terms, it should reach 2019 with 33.5GW installed – a 294% increase from the 8.5GW in place at the end of 2014.

Mexico, which falls into North America for GWEC's purposes, will be helped by recent energy reforms and the introduction of an auction system as it attempts to meet its 2024 target to obtain 35% of its power from renewables, half of that from wind.