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.
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