Bloomberg News

Latin America Wind-Farm Market to Double by 2022, Says Navigant

November 04, 2013

Annual wind-farm installations in Latin America will almost double by 2022 driven by faster economic growth, according to Navigant Consulting Inc. (NCI:US)

The region will install about 4,300 megawatts by that date compared with an estimated 2,200 megawatts this year, the Chicago-based consulting firm said today in a report.

“Latin America is expected to account for at least 5.5 percent of the world’s new wind-power installations in 2013,” Feng Zhao, research director for Navigant Research, a unit of Navigant Consulting, said in the report.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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Companies Mentioned

  • NCI
    (Navigant Consulting Inc)
    • $15.39 USD
    • 0.29
    • 1.88%
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