Mexico needs private investment in clean energy

Quick Summary:

Mexico’s new president plans to lay out clear rules for private investment in the power sector, according to a top cabinet official, acknowledging that the state has insufficient resources to expand renewable energy use and address electricity supply and distribution problems.

He said one of the administration’s goals is to reduce its reliance on imports from China and other parts of Asia, a message that could play well with both US presidential candidates.

Green initiatives: There is an increasing demand for workers in the renewable energy sector.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaCanadaChinaMexicoUnited States

Topics: RenewableEnergy MexicoEnergy PrivateInvestment /Business/Business News SustainablePower EnergyExpansion CleanEnergyGoals USMexicoTrade MexicoDevelopment Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 00:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22971657

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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