Connection

popular articles

France Publishes Offshore Wind Deployment Map by 2035 and 2050
LS Power unveils Lightning Power, a new player in gas production
Energy Poverty in France: When Electricity Cuts Affect Low-Income Households
Niger exports over 14 million barrels of oil via Benin
Philippines recover 96% of fuel oil after tanker sinks

Brazil, Chile and Argentina: Drivers of wind power growth in Latin America

Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
Éolien terrestre en Amérique Latine
  • [favorite_button]

Please share:

In 2023, Latin America recorded a record 5.9 GW of additional onshore wind capacity, mainly due to a race in Brazil to secure expiring transmission fee subsidies. Despite limited energy demand, Brazil maintains its position as regional leader, with a forecast contribution of 54% to total growth, or 21.5 GW by 2033. Electricity supply agreements for the commercial and industrial (C&I) sectors are expected to account for 87% of this growth, thanks to the expansion of the open market. According to some estimates, South America’s onshore wind power capacity is set to double in the next 10 years.

Impact of Chile and Argentina

Chile, which is in an energy transition phase, is set to add 6.2 GW, 60% of which will come from C&I PPAs, due to the ongoing connection of auction projects. Argentina, with its ‘Mater’ C&I scheme, overcomes the financial hurdles and will add 4.5 GW. These developments highlight the importance of PPAs in supporting the growth of wind energy in the region.

Challenges and opportunities

According to Kárys Prado, Senior Analyst at Wood Mackenzie, growth in the key markets of Brazil and Chile will slow due to policy-driven overproduction. Market recovery will depend on improvements to the grid and energy demand, such as the opportunities offered by green hydrogen. However, limited transmission infrastructure and fierce competition from solar PV, which benefits from dispersed locations, pose significant challenges.

The Role of the Free Market

The open market will be crucial to the expansion of onshore wind, with large consumers looking to meet decarbonization targets and negotiable contract terms. Markets in Argentina, Brazil, Chile and Peru will mature accordingly. However, Colombia and Ecuador will continue to rely on centralized auctions in the regulated market to support development.

The Weight of Public Utilities

In Bolivia, Guyana and Uruguay, state-owned companies will continue to play a crucial role in promoting onshore wind projects. A clear supply and demand policy is essential to unlock the potential for diversification of the energy mix in South America, as well as for green hydrogen.
The region will need to overcome the challenges of transmission infrastructure and energy demand to realize the full potential of onshore wind power. Investment in grid upgrades and clean energy policies will be key to the sector’s long-term success.

Register free of charge for uninterrupted access.

Publicite

Latest news

Serbia negotiates renewal of gas contract with Russia ahead of expiration
Germany considers making producers contribute to electricity grid costs
BP backs 12-year extension of UK carbon market through 2042
Russia targets stable return to 10.8 million barrels per day
NRG Energy acquires 25 GW of capacity in $12 billion deal

Recently published in

Copenhagen Infrastructure Partners sells 10% stake in Fengmiao I wind farm to Mitsui O.S.K.

Copenhagen Infrastructure Partners’ CI V fund has signed an agreement to divest 10% of its offshore wind project Fengmiao I to Mitsui O.S.K. Lines, with commissioning expected by the end of 2027.
The United Kingdom approves regulatory extension of seven offshore wind farms
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
en_1140290955540-5
The United Kingdom approves regulatory extension of seven offshore wind farms
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
en_1140290955540-5
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4

Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks

Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2
Clearway invests $60mn in wind with acquisition of Tuolumne project
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
en_1140290973540
Clearway invests $60mn in wind with acquisition of Tuolumne project
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
en_1140290973540
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540

The first caissons of Belgium’s energy island successfully installed in the North Sea

The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
Equinor challenges the halt of its Empire Wind project in the United States
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
en_1140290954540-17
Equinor challenges the halt of its Empire Wind project in the United States
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
en_1140290954540-17
The wind shifts: Chinese OEMs struggle to gain traction in the European market
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
en_1140290962540-12
The wind shifts: Chinese OEMs struggle to gain traction in the European market
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
en_1140290962540-12
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2

The first He Dreiht turbine installed at Germany’s largest offshore wind farm

EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
RWE launches construction of 22.8 MW wind farm in Germany
RWE has started work on a new 22.8 megawatt onshore wind farm in Papenhagen, northeastern Germany, after winning a tender from the Federal Network Agency.
en_1140291005540-2
RWE launches construction of 22.8 MW wind farm in Germany
RWE has started work on a new 22.8 megawatt onshore wind farm in Papenhagen, northeastern Germany, after winning a tender from the Federal Network Agency.
en_1140291005540-2
China’s wind and solar capacity surpasses thermal power for the first time
China has reached a historic energy milestone with wind and solar capacity now exceeding that from thermal sources, amid an acceleration of new installations.
en_1140290996540
China’s wind and solar capacity surpasses thermal power for the first time
China has reached a historic energy milestone with wind and solar capacity now exceeding that from thermal sources, amid an acceleration of new installations.
en_1140290996540
Mainstream sells 675 MW of wind and solar projects to Celsia in Colombia
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.
en_1140290960540-12
Mainstream sells 675 MW of wind and solar projects to Celsia in Colombia
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.
en_1140290960540-12

Ocean Winds equips floating wind farm with Biohut modules to attract marine life

Ocean Winds has completed the installation of 32 Biohut modules on a floater of its EFGL pilot project, marking a global first for floating offshore wind incorporating artificial habitats for biodiversity.
Connecticut: Study Reveals the Economic Impact of the Offshore Wind Industry
A recently published study shows that over 50 Connecticut companies are actively participating in offshore wind projects, with growth potential for 450 other companies in the region.
en_1140290950540-10
Connecticut: Study Reveals the Economic Impact of the Offshore Wind Industry
A recently published study shows that over 50 Connecticut companies are actively participating in offshore wind projects, with growth potential for 450 other companies in the region.
en_1140290950540-10
The United States suspends Equinor’s Empire Wind offshore wind project off New York
US authorities have ordered the halt of Equinor's Empire Wind 1 offshore wind project located off New York, citing insufficient environmental analysis according to the Biden administration. Construction had been underway since 2024.
en_1140290949540-11
The United States suspends Equinor’s Empire Wind offshore wind project off New York
US authorities have ordered the halt of Equinor's Empire Wind 1 offshore wind project located off New York, citing insufficient environmental analysis according to the Biden administration. Construction had been underway since 2024.
en_1140290949540-11
DEME acquires Havfram for €900 mn to strengthen its offshore wind position
Belgian group DEME has signed an agreement to acquire Norway’s Havfram for €900 mn, consolidating its fleet and global presence in the offshore wind market.
en_1140290967540-2
DEME acquires Havfram for €900 mn to strengthen its offshore wind position
Belgian group DEME has signed an agreement to acquire Norway’s Havfram for €900 mn, consolidating its fleet and global presence in the offshore wind market.
en_1140290967540-2

New wind installations in the United States fall to lowest level in a decade

The United States recorded its lowest volume of wind installations in a decade in 2024, according to Wood Mackenzie data, due to tax timing effects and persistent regulatory uncertainty.
Sunly, VALOREM and Deep Wind Offshore launch 1 GW offshore wind project in Estonia
Three European energy sector players are partnering to develop an offshore wind farm near Saaremaa, reinforcing Estonia’s strategic position in the Baltic region.
en_1140290968540-2
Sunly, VALOREM and Deep Wind Offshore launch 1 GW offshore wind project in Estonia
Three European energy sector players are partnering to develop an offshore wind farm near Saaremaa, reinforcing Estonia’s strategic position in the Baltic region.
en_1140290968540-2
Sanofi signs 20-year contract with RWE for 21 GWh wind power supply
RWE has signed a 20-year electricity supply agreement with Sanofi, committing to deliver 21 GWh annually from a wind farm located in the Marne region.
en_1140290981540
Sanofi signs 20-year contract with RWE for 21 GWh wind power supply
RWE has signed a 20-year electricity supply agreement with Sanofi, committing to deliver 21 GWh annually from a wind farm located in the Marne region.
en_1140290981540
RWE wins 151 MW in latest French onshore wind tender
RWE led the latest onshore wind tender launched by the Commission de régulation de l’énergie, securing seven projects representing a prorated capacity of 151 megawatts.
en_1140290972540-2
RWE wins 151 MW in latest French onshore wind tender
RWE led the latest onshore wind tender launched by the Commission de régulation de l’énergie, securing seven projects representing a prorated capacity of 151 megawatts.
en_1140290972540-2

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS