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

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...