Technical FAQs 4

What is the largest solar project in Latin America and the Caribbean?

As of 2018, the largest project in Latin America and the Caribbean was the Villanueva solar PV plant with an installed capacity of 828 MW, located in Viesque (Mexico). In 2019, at COP 25 in Madrid, ten Latin American and Caribbean countries announced plans to achieve 70% renewable energy in their energy mix by 2030.

Will Latin America's solar market hit its peak this year?

Wind and solar installations in Latin America have been on a dramatic growth trajectory. Small-scale solar build in Brazil has driven the market to quintuple over the past five years, and new energy bills in Argentina and Mexico promise to promote clean energy investments. Regional build should hit its peak this year.

Will Latin America increase its solar power capacity by 460%?

Latin America has the potential to increase its utility-scale solar and wind power capacity by more than 460% by 2030 if all 319 gigawatts (GW) of prospective new projects in the region come online, according to a new report from Global Energy Monitor.

Are solar power plants a trend in Latin America?

Along with the growth of stand-alone power systems, the construction of large solar power plants in Latin America is one of the leading trends in the development of the local energy sector.

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