13 Dec '12, 3pm

Wind to Lead Latam Renewables Growth by 2020

Wind to Lead Latam Renewables Growth by 2020

“Wind is growing exponentially as many plants begin operating or are scheduled for construction,” says Nestor Lunas, a research director at Latin American Energy Organization Olade, based in Quito, Ecuador. He adds there are ambitious wind development projets, mainly in Brazil and Mexico, but also in Costa Rica, Argentina, Uruguay, Venezuela, Colombia, Chile, Peru and Dominican Republic. He says current capacity stands at 3,500 MW-4,000 MW and could easily reach 10,000 MW by 2020. Regional governments are raising project incentives for developers while the technology and infrastructure to build wind parks and connect them to national grids has significantly improved and is much more reliable than in the past, Lunas says. The story for other renewables is not as promising, however. Last year, Olade’s director of studies and projects Eduardo Noboa predicted bioenergy product...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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