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Latin America's top 10 renewable energy projects

Bnamericas Published: Thursday, December 24, 2020
Latin America's top 10 renewable energy projects

Latin America has more than 3,000 non-conventional renewable energy (NCRE) plants under construction or in early works, according to the BNamericas project profile database. 

Solar boasts the biggest share with 1,847 plants totalling US$150.1bn in investment. Next is wind with 1,173 projects worth US$96.3bn, followed by geothermal (30 projects, US$13bn), biomass (29 projects, US$14.4bn) and wave energy (four projects, US$8.1bn).

Here are the top 10 active projects by investment value:

1. Paso de los Toros (Uruguay)

Type: Biomass

Expected investment: US$2.7bn

Proposed capacity: 310MW

Owner: Cuecar


2. Likana (Chile)

Type: Thermosolar

Expected investment: US$2.4bn

Proposed capacity: 450MW

Owner: Cerro Dominador


3. La Deseada (Argentina)

Type: Onshore wind

Expected investment: US$2.2bn

Proposed capacity: 900MW

Owner: Eólica Pico Truncado


4. Asa Branca 1 wind farm (Brazil)

Type: Offshore wind

Expected investment: US$2.1bn

Proposed capacity: 720MW

Owner: Eólica Brasil


5. Copiapó (Chile)

Type: Thermosolar

Expected investment: US$2bn

Proposed capacity: 260MW

Owner: Copiapó Energía Solar


6. KSB Campo Grande (Brazil)

Type: Solar PV

Expected investment: US$1.5bn

Proposed capacity: 2,064MW

Owner: KSB Brasil


7. Cerro Dominador (Chile)

Type: Solar PV/Thermosolar

Expected investment: US$1.4bn

Proposed capacity: 210MW

Owner: Cerro Dominador


8. Sureste IV and V (Mexico)

Type: Wind

Expected investment: US$1.33bn

Proposed capacity: 600MW

Owner: CFE


9. São Francisco (Brazil)

Type: Solar PV

Expected investment: US$1.32bn

Proposed capacity: 1,200MW

Owner: Energias do São Francisco


10. Caucaia (Brazil)

Type: Offshore wind

Expected investment: US$1.28bn

Proposed capacity: 598MW

Owner: BI Energia


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