Some 53GW of new wind power capacity will be installed across Latin America through 2023, MAKE predicts, compared to the 4.7GW the region currently has in place.
Breaking from developed markets elsewhere, Latin American countries have not relied on subsidies nor on government incentives to boost wind installations, MAKE notes.
"The development of wind power in Latin America is progressing largely without the support of traditional incentive mechanisms or renewables targets found in more established and developed wind markets," MAKE says.
Brazil,
