Wind in the Americas has tremendous opportunity for growth, particularly in Latin America. By 2025, the region is expected to reach 46 GW of total installed wind capacity, according to the IHS Emerging Energy Research study, "Latin American Wind Power Markets and Strategies: 2010 – 2025." Brazil is expected to lead the Latin American region with 31.6 GW of installed capacity by 2025, followed by Mexico with about 6.6 GW. Brazil is predicted to house 69 percent of the total Latin American installed wind capacity in 2025, positioning the country as a leader for development, turbine manufacturing and wind turbine component supply chain assembly.
However, in Mexico, reduced political support is expected to cause the wind energy market to stagnate until 2020, according to IHS. For the short-term, though, the Mexican wind energy market is booming. The Mexican Wind Energy Association projects the country’s wind power potential to be around 30 GW. While Mexico does not currently have a national wind energy target, the GWEC says that a national target of 12 GW by 2020 would be feasible. The region best suited for wind development is the Isthmus of Tehuantepec in Oaxaca. GWEC estimates that 10 GW of wind energy could be developed in the region, despite challenging wind and seismic conditions. Currently, 1.9 GW is under construction in Mexico and scheduled to come online by 2015.