In 2022, hydropower was the renewable technology with the largest market size in Latin America.That year, the hydropower market was valued at roughly 67.4 billion U.S. dollars. By 2030, the hydropower market size in Latin America is forecast to reach 126.7 billion U.S. dollars.
More information about the renewable energy sector in Latin America can be found here.
Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source
(in billion U.S. dollars)
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Extrapolate. (November 15, 2023). Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/
Extrapolate. "Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source (in billion U.S. dollars)." Chart. November 15, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/
Extrapolate. (2023). Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/
Extrapolate. "Market Value of The Renewable Energy Sector in Latin America in 2022 with a Forecast for 2030, by Energy Source (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/
Extrapolate, Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/ (last visited November 09, 2024)
Market value of the renewable energy sector in Latin America in 2022 with a forecast for 2030, by energy source (in billion U.S. dollars) [Graph], Extrapolate, November 15, 2023. [Online]. Available: https://www.statista.com/statistics/1425307/renewables-market-size-latin-america-forecast-by-source/