Mexico to invest $46B in wind power by 2025

2015-12-4

 Mexico: Mexico’s wind power association (Amdee) announced this month that Mexico plans to quadruple its wind power capacity by 2025, with an investment of $46 billion.

Mexico's total installed wind capacity is currently 3,283 MW, distributed across 31 wind farms in the states of Chiapas, Jalisco, Nuevo León, Oaxaca, Puebla, San Luis Potosí, and Tamaulipas.

The country's energy transition law, approved last December as part of the energy reform, dictates that by 2018 25% of Mexico's power must be generated from renewable sources, followed by 30% by the year 2021, 35% by 2024, 45% by 2036, and 60% by 2050.

New projects and development of new phases of the existing energy projects will allow many electrical equipment providers to make or extend their presence in Mexico.

Source: BN Americas