29 Jan '15, 6pm

370%

370%

The Latin American region, made up of Mexico, Central America, South America and the Caribbean, installed 625 megawatts of solar photovoltaics (PV) in 2014, a 370 percent increase in annual growth over 2013. That’s according to the newly released Q4 2014 Latin America PV Playbook from GTM Research. FIGURE: Latin America PV Installations, 2013-2015E Source: GTM Research Latin America PV Playbook With its strong utility-scale market, Chile led the region in PV installations in 2014, making up more than three-quarters of the Latin American total. In the fourth quarter alone, Chile installed double the amount of Latin America’s annual total in 2013. The report ranks Mexico and Brazil in second and third place, respectively. Mexico installed 67 megawatts of PV in 2014, down from the 72 megawatts installed in 2013. However, don’t count the Mexican market out. GTM Research solar ...

Full article: http://www.greentechmedia.com/articles/read/Latin-America...

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