Latin America Could Double Its Onshore Wind Capacity by 2035
Trump Says South Korea Deal Includes $8.4 Billion U.S.
Oil Project Felicity Bradstock is a writer and journalist based in Mexico City.
She writes for energy websites and covers several other industries, as well as writing… Several countries across Latin America have been rapidly expanding their wind energy capacity to diversify the energy mix and strengthen energy security, with far more expansion planned for the next decade.
Brazil and Mexico are leading the way, with several other countries across the region also beginning to develop their green energy sectors.
Across Latin America, installed wind energy capacity exceeded 44.7 GW in 2022.
A Wood Mackenziereportfrom July 2025 forecast that wind capacity in South America would reach 83 GW by 2034, with a 6.5 per cent annual growth rate.
Meanwhile, a Global Wind Energy Council report suggested that Latin America could more than double its onshore wind capacity by 2035, surpassing 120 GW, and install its first offshore wind capacity.
Ben Backwell, the CEO of the Global Wind Energy Council (GWEC), stated, “The growth of renewable energy is an energy transition success story – 92.5 per cent of all new capacity additions in 2024 came from renewable sources.” One of the biggest challenges to bringing this new, clean power online is transmission constraints, as several countries need to invest heavily and rapidly in grid infrastructure to keep pace with project development.
“Power oversupply is complicating sustained development in Brazil and Chile, following the recent renewables boom,”explainedKárys Prado, Senior Research Analyst at Wood Mackenzie.
“Overall, headwinds from grid restrictions and fierce solar competition contribute to a slowdown in the coming years,” she added.
“Beyond short term, other markets attract increasing investor attention as permitting bottlenecks ease, though growth will remain constrained by limited demand and insufficient infrastructure.” Some countries are dominating Latin America’s wind energy expansion, particularly Brazil and Mexico.
Brazil has around35 GW of commercial, onshore wind capacityin operation, making it thefifth-largest worldwide, according to the Brazilian Association of Wind Energy and New Technologies (ABEEólica) and the GWEC.
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