The market size of the solar energy sector in Latin America grew from roughly 3.8 billion U.S. dollars in 2020 to almost five billion U.S. dollars in 2022. By 2030, the sector is forecast to reach a market size of 15.5 billion U.S. dollars.
Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars)
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Other statistics that may interest you Solar power in Latin America
Overview
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Capacity
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- Premium Statistic Solar PV energy capacity in Latin America & Caribbean 2010-2023
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- Premium Statistic Solar PV installed generation capacity in Mexico 2010-2023
Production
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- Basic Statistic Solar PV energy production in Latin America & Caribbean 2010-2021
- Premium Statistic Solar PV generation in Latin America 2021 by country
- Premium Statistic Share of power generated from solar sources in Latin America 2021, by country
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- Premium Statistic Solar electricity production in Brazil 2015-2022
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Costs and employment
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Outlook
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- Premium Statistic CAGR of the renewable energy market in Latin America 2023-2030, by source
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Extrapolate. (November 15, 2023). Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/
Extrapolate. "Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars)." Chart. November 15, 2023. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/
Extrapolate. (2023). Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/
Extrapolate. "Market Size of The Solar Energy Sector in Latin America from 2020 to 2022, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/
Extrapolate, Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/ (last visited May 13, 2024)
Market size of the solar energy sector in Latin America from 2020 to 2022, with a forecast until 2030 (in billion U.S. dollars) [Graph], Extrapolate, November 15, 2023. [Online]. Available: https://www.statista.com/statistics/1425362/solar-power-market-size-latin-america-forecast/