Latin America Could Double Onshore Wind Capacity by 2035

· Oil & Gas · Brazil · Mexico

Several Latin American countries are rapidly expanding wind energy capacity to diversify their energy mix and strengthen energy security, with far more growth planned for the next decade. Brazil and Mexico are leading the way, while other countries in the region are beginning to develop their wind sectors.

Why it matters:This expansion could reduce the region's reliance on fossil fuels and attract renewable energy investment, though it may also temper long-term demand growth for oil and gas in Latin America.

Key points

  • Brazil and Mexico are leading the region's wind energy expansion.
  • Several other Latin American countries are beginning to develop wind projects.
  • The build-out is driven by energy security and diversification goals.

Sources (original reporting)

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