India’s Wind Giant to Capture Mexican Gusts

India’s Suzlon Energy, the world’s fifth largest wind turbine manufacturer, is attempting to expand its portfolio by venturing into Mexico. Suzlon’s CEO for Latin America Erik Winter Petersen said that the company will invest about $3 billion in wind energy projects in Mexico’s Baja and Oaxaca regions.

The country has progressively increased its wind energy sector with only 3 MW of wind energy capacity in 2005. And yet Mexico is expected to have about 2 GW of power produced by wind energy by the end of the year while the government forecasts the growth to surge to 4 GW by 2015 and 8 GW by 2020.

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