Mexico expects some US$ 14 billion of investment in wind farms between 2015 and 2018, which will more than triple installed capacity in the country.
The planned investment aims to raise Mexico's wind energy capacity from 2,551MW to 9,500MW, Energy Minister Pedro Joaquin Coldwell said. Mexico's state-run electricity company CFE is due to oversee a sizeable part of the investment, aiming to develop eight wind parks generating 2,300MW at a cost of some 52 billion pesos (US$ 3.55 billion), the ministry said.
