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Energy transition in Latin America

Latin America is increasingly exploiting its renewable energy potential. New wind and solar projects are under construction across the region thanks to partnerships with Chinese energy companies. Español Português

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An eco-lodge in Solomare del Diáblo, Uruguay. The South American country gets nearly 100% of its energy from renewables. Inhabitat. All rights reserved.

Thanks to Chinese energy companies, Latin America is increasingly exploiting its renewable energy potential as historic laggards like Argentina get on board with the region’s energy transition. New wind and solar projects are under construction across the region as partnerships with Chinese deliver affordable finance and materials to local governments and businesses.

Along with Costa Rica, Uruguay is now running on almost 100% renewable energy.  In 2015, the country installed more than 316 MW, meaning its total installed capacity is now 845 MW. Now several others are following in their footsteps. Chile generates the most power from solar energy, while neighboring Argentina has just completed the bidding process for 1,100 MW of renewable energy.