Investment in the first half of 2014 was about $1.3 billion, compared with $1.6 billion for all of last year, the London-based research firm said today in an e-mailed statement. Spending on wind and solar projects is expected to see a “significant” increase over the next two years.
Mexico and the nations of Central America are estimated to install about 1 gigawatt of wind capacity this year, topping a record 757 megawatts in 2012. That figure may leap to 1.3 gigawatts in both 2015 and in 2016. Solar installations will be about 193 megawatts this year and are expected to increase to 355 megawatts next year and 456 megawatts in 2016.
Mexico 2014 Renewable Investment May Exceed $2.4 Billion
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