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According to GWEC market data, 2020, despite the impact of COVID-19, was a record year
for wind power in North and Latin America.
New wind power capacity for the year was about 22 GW, a year-on-year increase of 62%.
In North America, the U.
S.
drove record growth in North America, adding about 17 GW of new wind power throughout the year, with more capacity installed in the fourth quarter alone than in all of 2019
.
In Latin America, Brazil continued to lead the way, adding 2.
3 GW
of wind power throughout the year.
In addition, annual new additions in Argentina (1 GW) and Chile (684 MW) helped further boost wind growth in Latin America, fully offsetting the slowdown in the Mexican market
.
By the end of 2020, the total wind capacity in North America and Latin America reached 136 GW and 34 GW respectively, helping to reduce CO2 emissions by 250 million tons per year, equivalent to 1.
2 billion passenger car uses
.
Ramón Fiestas, Chair of the GWEC Latin America Working Group, added: "The wind power market in Latin America has grown 16-fold over the past decade and is the fastest growing power source
in the region.
However, the main challenge now is how to sustain sustained growth in the region's established wind energy markets such as Brazil, Argentina, Mexico and Chile in order to decarbonize
the region's energy system at the pace needed to meet our Paris Agreement goals.
”
"Latin America is one of the regions most affected by the COVID-19 crisis, and despite these impacts, it was still a record year for wind power, which really proves the resilience
of the industry.
Expanding wind power in the region will not only create important local jobs and investments, but will also significantly improve the region's energy security and reduce carbon emissions, thereby protecting the region from future economic shocks such as fossil fuel turmoil and environmental disasters, both of which are becoming increasingly serious
.
”
According to GWEC market data, 2020, despite the impact of COVID-19, was a record year
for wind power in North and Latin America.
New wind power capacity for the year was about 22 GW, a year-on-year increase of 62%.
In North America, the U.
S.
drove record growth in North America, adding about 17 GW of new wind power throughout the year, with more capacity installed in the fourth quarter alone than in all of 2019
.
In Latin America, Brazil continued to lead the way, adding 2.
3 GW
of wind power throughout the year.
In addition, annual new additions in Argentina (1 GW) and Chile (684 MW) helped further boost wind growth in Latin America, fully offsetting the slowdown in the Mexican market
.
By the end of 2020, the total wind capacity in North America and Latin America reached 136 GW and 34 GW respectively, helping to reduce CO2 emissions by 250 million tons per year, equivalent to 1.
2 billion passenger car uses
.
Ramón Fiestas, Chair of the GWEC Latin America Working Group, added: "The wind power market in Latin America has grown 16-fold over the past decade and is the fastest growing power source
in the region.
However, the main challenge now is how to sustain sustained growth in the region's established wind energy markets such as Brazil, Argentina, Mexico and Chile in order to decarbonize
the region's energy system at the pace needed to meet our Paris Agreement goals.
”
"Latin America is one of the regions most affected by the COVID-19 crisis, and despite these impacts, it was still a record year for wind power, which really proves the resilience
of the industry.
Expanding wind power in the region will not only create important local jobs and investments, but will also significantly improve the region's energy security and reduce carbon emissions, thereby protecting the region from future economic shocks such as fossil fuel turmoil and environmental disasters, both of which are becoming increasingly serious
.
”
