MONTEVIDEO – All the electricity consumed in Uruguay over a 24-hour period at the start of this week came from renewable sources, said SEG Ingenieria, a company that specializes in lowering energy costs.

Of the electric power consumed over a 24-hour period on Monday, 70.53 percent came from hydroelectric power plants, 21.3 percent from wind farms, 7.96 percent from biomass and 0.39 percent from solar power plants, SEG Ingenieria said in a Twitter post.

Ramon Mendez, director of the Housing and Environment Ministry’s Climate Change Office and who was recognized recently by Fortune magazine as one of the world’s 50 most influential people, told EFE in March that $2 billion was invested over the past two years in developing renewable energy sources.

As a result, almost all of the South American country’s energy mix is composed of wind, solar and biomass resources, complementing the traditional hydroelectric power, Mendez said.