In 2023, wind and solar were the renewable sources with the largest prospective capacity across Latin America. The region had roughly 230 gigawatts of wind and 125 gigawatts of solar in the pipeline. Of these, roughly 13 gigawatts of wind and 21 gigawatts of solar were under construction.
Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source
(in megawatts)
Characteristic
Construction
Pre-construction
Announced
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*The data for the different energy sources was last updated in different months. Wind and solar capacity is as of December 2023, bioenergy capacity as of November 2023, geothermal capacity as of July 2023, and hydropower capacity as of May 2023
Supplementary notes
Includes wind farm phases over 10 MW, solar farm phases over 20 MW, hydropower projects over 75 MW, and geothermal and biopower units over 30 MW.
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Global Energy Monitor. (December 30, 2023). Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source (in megawatts) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/
Global Energy Monitor. "Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source (in megawatts)." Chart. December 30, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/
Global Energy Monitor. (2023). Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source (in megawatts). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/
Global Energy Monitor. "Prospective Renewable Power Capacity in Latin America and The Caribbean as of 2023, by Status and Energy Source (in Megawatts)." Statista, Statista Inc., 30 Dec 2023, https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/
Global Energy Monitor, Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source (in megawatts) Statista, https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/ (last visited July 22, 2024)
Prospective renewable power capacity in Latin America and the Caribbean as of 2023, by status and energy source (in megawatts) [Graph], Global Energy Monitor, December 30, 2023. [Online]. Available: https://www.statista.com/statistics/1451446/renewable-energy-pipeline-by-source-and-status-latin-america/
