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With experienced European firms leading the way, smaller, inexperienced greenfield players are being bypassed in securing sites in markets where foreign competition is welcome. Locally, IMPSA Wind is currently the only Latin America developer with regional ambition, as most major local engineering players and utilities apparently remain focused on moving along the experience curve domestically with the technology. Nonetheless, domestic industrial players and independent power producers are expected to move to challenge these foreign entrants by the latter half of the decade, according to the study.
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