Latin America Hit New Clean Energy Investment Record in 2019

Latin American investment in renewables reached $18.1 billion last year

Brazil, Chile were the leading markets in attracting investment

Latin America’s clean energy investment rebounded last year – increasing 54% on 2018 levels to hit $18.1 billion. The pickup was mostly led by Brazil and Chile to finance power capacity additions in the coming years. Wind energy made a comeback, attracting $8.9 billion of investment (up 87% on 2018 levels), while the solar industry received 31% more investment than the previous year at $8.1 billion.

This article first appeared on the BNEF mobile app and the Bloomberg Terminal.