Mexico sees significant rise in wind energy investment

Mexico is set to see a major increase in its wind power generation capacity, rising from 569 MW to approximately 2000 MW by the end of this year, reports Agence France Presse, citing local industry sources.

"By 2014 the generation will be over 2500 MW," said Leopoldo Rodríguez, president of the Mexican Association of Wind Energy (AMDEE).

The increase is in sharp contrast to previous investment.

In 2008, the country only generated 2 MW from wind sources but a change in legislation has provided incentives for the sector.

Investment in Mexico’s wind power sector currently stands at $2bn, according to Rodríguez.

For more Wind Power news.

For more Latin America news.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...