New wind power installations in Latin America and the Caribbean declined 22% in 2016 amid policy changes but should recover by 2018, new global figures suggest.
According to the latest data from the Global Wind Energy Council (GWEC) the region added a total of 3.6GW of new wind in 2016, down from 4.5GW installed in 2015.
Despite the decline, GWEC’s long-term outlook for the region remains positive and by 2020 it should surpass the 20GW mark as policies are consolidated, large markets such as Argentina and Brazil regain momentum, and Colombia finalises its renewable energy regulations.
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