Mission Critical: Building the Latin America and the Caribbean Wind Energy Supply Chain for a Clean and Just Energy Transition

Latin America could install its first gigawatts of offshore wind within the same decade. This growth will only be possible if governments and industry strengthen the region’s fragmented supply chain to meet rising demand across the continent. This report highlights that while Latin America and the Caribbean (LAC) have vast wind potential and an expanding pipeline of projects - 1GW is projected by end of 2032 for LAC, 6 GW offshore wind by 2035, 19.6 GW offshore wind by 2040, and reaching 40.6GW by 2045 - policy uncertainty, weak infrastructure and supply chain bottlenecks could prevent the region from realising its full opportunity in the global energy transition. The report provides six recommendations for action, covering regulatory certainty, transmission, local manufacturing, financial mechanisms and tax incentives, technology transfer, and regional cooperation and energy integration.