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Mexico vows to double renewable energy capacity by 2030

Workers install solar panels on the roof of the Central de Abastos wholesale market as part of a roof-top solar project run by the local government to become the world's biggest urban solar farm, in Mexico City, Mexico July 27,2022.REUTERS/Luis Cortes/File Photo

Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday, as America's third-biggest greenhouse gas emitter works with the United States to meet new climate goals.

Foreign Minister Marcelo Ebrard traveled to Egypt to attend the COP27 climate summit, where he met with U.S. climate envoy John Kerry and over the weekend presented Mexico's plans to invest some $48 billion in developing renewable energy.

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