Mexico's wind power industry to invest up to $5 billion in 14 wind farms by 2029
2026-06-24 11:07
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en.Wedoany.com Reported - Mexico's wind energy industry plans to build 14 new wind farms in Tamaulipas and Nuevo León, with an estimated investment of between $4 billion and $5 billion, adding over 4 GW of installed capacity by the end of 2029.

The industry plans to build 14 new wind farms in Tamaulipas and Nuevo León to strengthen national power capacity by 2029.

Mauricio Herrera, Deputy Director of the Mexican Wind Energy Association (Asociación Mexicana de Energía Eólica), stated that these funds will be used to construct power stations, originating from an initial tender for approximately 900 MW, followed by a second phase that will add about 3 GW. If realized, this investment would become one of the largest recent projects by the private sector in Mexico's renewable energy infrastructure.

Herrera explained that the new wind farms will be equipped with energy storage systems equivalent to 30% to 40% of their capacity, with an expected duration of three to four hours, aimed at improving the availability and stability of the generated power. He also noted that several projects stalled due to regulatory procedures, permits, interconnection contracts, and technical tests have been restarted and are gradually being integrated into the National Electric System (Sistema Eléctrico Nacional).

Most of the new investment will be concentrated in Tamaulipas and Nuevo León. Due to active industrial activity and growing electricity demand driven by nearshoring and manufacturing expansion, these two states have become strategic locations for energy infrastructure development. In addition to the new projects, the association estimates that cumulative investment in wind farms developed and commissioned over the past few years ranges between $8 billion and $9 billion.

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