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Wind energy will attract US$2 billion investment

Karla Salinas | 01.07.2015

The wind energy sector will attract annual funds of US$2 billion over the next 25 years, thus receiving the largest Energy Sector investment in Mexico, according to Bloomberg New Energy Finance, the financial information agency.

The wind energy sector will attract annual funds of US$2 billion over the next 25 years, thus receiving the largest Energy Sector investment in Mexico, according to Bloomberg New Energy Finance, the financial information agency.

Bloomberg estimated that wind power on land will be the main source of large-scale renewable energy in Mexico by 2033, beating the hydroelectric plant.

The investment on power generation assets will reach US$159 billion and will add a total of 22 gigawatts (GW) to the electricity grid between 2015 and 2040, which will result in an accumulated installed capacity of 26 GW.

The two regions with the greatest potential for the wind energy industry are Oaxaca and Tamaulipas and their surrounding areas, with a capacity factor of 45% on average (factor of typical capacity is between 20% and 40%).

Source: maquilaportal.com

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