Brazil, Mexico and Chile were mentioned as having high potential.

According to an NPD Solarbuzz report published today, 1GW is under construction and another 5GW are already approved and will start being built soon

The consulting firm calculates the region's project pipeline at 22GW.

“Solar PV is now starting to emerge as a preferred energy technology for Latin American and Caribbean countries,” said Michael Barker, senior analyst at NPD Solarbuzz.