Companies from the European Union are leading the investments for renewable energy projects in Latin America. From 2005 to 2017 the investments towards the industry grew from 3% to 18%, representing two-thirds of the total companies involved in the sector, more for the industries of solar and wind energy projects.
This has been particularly important for the region since 46% of the total GHG produced comes from the energy industry. Today, and mainly driven by these investments, 24% of the total supply of energy comes from renewable sources, making Latin America an attractive market for international investment.