If all energy and climate targets are achieved in Latin America, solar photovoltaic capacity is forecast to reach roughly 175 gigawatts in 2030. In the same scenario, wind is expected to surpass 100 gigawatts of installed capacity and bioenergy will reach some 38 gigawatts. Hydropower is forecast to continue being the largest source of renewable energy in the region in 2030.
Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario
(in gigawatts)
The Stated Policies Scenario is based on the latest energy, climate, and industrial policies.Â
The Announced Pledges Scenario is based on achievement of national energy and climate targets.
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IEA. (November 6, 2023). Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario (in gigawatts) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/
IEA. "Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario (in gigawatts)." Chart. November 6, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/
IEA. (2023). Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario (in gigawatts). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/
IEA. "Forecast Capacity of Renewable Energy Sources in Latin America in 2030, by Source and Scenario (in Gigawatts)." Statista, Statista Inc., 6 Nov 2023, https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/
IEA, Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario (in gigawatts) Statista, https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/ (last visited December 21, 2024)
Forecast capacity of renewable energy sources in Latin America in 2030, by source and scenario (in gigawatts) [Graph], IEA, November 6, 2023. [Online]. Available: https://www.statista.com/statistics/1451411/renewable-capacity-forecast-latin-america-source-scenario/
