Renewable Energy Focus
There is certainly much to celebrate when it comes to Latin America‚Äôs wind industry. The potential for wind power is especially strong in terms of the raw resources and provides a road for governments to develop a domestic source of energy to complement the region‚Äôs current dependence on large hydro generation.
The region is also adding new projects and capacity at an increasing rate. Optimists would even say, as Ernst and Young did in its 10th annual Renewable Energy Attractiveness Index, that ‚ÄúSouth America is leaving Europe behind‚Äù.