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Report Overview
The Latin America renewable energy market attained a capacity of more than 300.8 gigawatts in 2023. The market is further expected to grow at a CAGR of 4.1% during the forecast period of 2024-2032 to reach a capacity of more than 431.9 gigawatts by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Market Players in the Latin America Market of Renewable Energy
The report gives a detailed analysis of the following key players in the Latin America renewable energy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ingenostrum S.L.
- Enel Green Power S.p.A
- Gauss Energy
- First Solar, Inc.
- Atlas Renewable Energy
- Others
The comprehensive EMR report covers the micro and macro aspects of the market. The report provides an in-depth assessment of the market based on Porter’s Five Forces model, along with giving a SWOT analysis.
Latin America Renewable Energy Market Report Snapshots
Latin America Renewable Energy Market Size
Latin America Renewable Energy Market Growth
Latin America Renewable Energy Market Analysis
Latin America Renewable Energy Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained capacity of nearly 300.8 gigawatts in 2023.
The Latin America renewable energy market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The major drivers of the market include the increasing deployment of hydro energy, rising environmental consciousness, and increasing demand for electricity across the globe.
The rising investment in the small bioenergy capacities connected to the grid and the abundant availability of raw materials such as woods and bio-wastes are the key trends propelling the market growth.
The major countries in the Latin America market include Brazil, Argentina, and Mexico, among others.
The various types of renewable energy include hydropower, onshore wind, solar, and bio energy, among others.
The major players in the market are Ingenostrum S.L., Enel Green Power S.p.A, Gauss Energy, First Solar, Inc., and Atlas Renewable Energy, among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a capacity of around 431.9 gigawatts by 2032.
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