Huge, sparsely populated areas, steady winds from the Pacific and Atlantic oceans, plus plateaus and deserts with intense sunlight make South America an attractive location for wind and solar farms. According to the Global Energy Monitor, the region has the potential to become the world leader in renewable energies. If all announced, planned and under construction plants in Latin America (Mexico, Central America, Caribbean and South America) are added together, 319 GW of new generating capacity will be connected to the grid by 2030. This represents an increase of 460 percent.