Mexico doubles energy investment since 2006

Investment in Mexico’s electricity sector is on the rise. The current federal government has invested close to $19m, almost double the amount invested in 2006, reports NOTIMEX.

Jordy Herrera, Energy Secretary, said investment in power projects was a key growth area to ensure the sustainable economic development of the Latin American nation.

The official also said that the development of renewable energy sources had also “increased significantly”, adding that small hydro has the potential to produce in the region of 3000 MW of power.

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