Mexico to invest $14 bn in 8 wind farms

Jan 13, 2015 12:00 AM

Mexico will invest US$14bn to build eight wind farms over the next three years, with a combined generation capacity of 2,300MW.

The investment will come on the back of the US$5bn already injected into the sector, according to an energy ministry (Sener) press release.

Mexico currently has 2,551MW of installed wind capacity and will add 732MW this year, with six wind farms under construction, according to the country's wind energy association (Amdee).

Other projects to be completed this year are the 102MW Sureste Fase II wind farm in the state of Oaxaca, along with the 50MW Los Azufres III geothermal plant in Michoacán state, which will become operational this quarter, Sener said.

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