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Mexico
Third Mexican Auction Awards Enel 593 Megawatts Of Wind, Canadian Solar Awarded 367 Megawatts Solar
Solar power company Canadian Solar announced this week that it won 367 MW worth of solar power projects in Mexico’s third Long-term Auction for renewables which was held earlier in the month, while the Enel Group was awarded an impressive…
World’s Cheapest Solar Power to be Generated in Mexico
Mexico is on track to generate the world’s cheapest solar power — with prices as low as 1.77¢/kWh, according to Mexico’s Centro Nacional de Control de Energía (Cenace). Mexico’s Department of Energy recently announced the companies selected to complete new…
MEXICO: Discovered Richest Oil Field in 15 Years
Mexico’s Pemex Company reported that the new oil field is of great economic importance due to its location next to existing oil production infrastructure. Mexico’s President said that the oil will be produced at a low cost due to the…
Latin American Renewables Sector Enjoys Twin Funding Boost
Latin America’s fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico. Mainstream Renewable Power announced yesterday that its Chilean joint venture Aela Energía…
Financing & Turbines Secured For 424 Megawatt Mexican Reynosa III Wind Park, The Largest In Latin America
Two parallel announcements have given shape to the planned 424 MW Reynosa III Wind Park set to be developed in Mexico, with wind turbines supplied by Vestas and financing from Mexico’s state-owned development banks. Mexico’s Secretariat of Energy (SENER) announced…
New Report on Renewable and Geothermal Energy in Latin America
In a recent report on the renewable energy market in Latin America, IRENA provides a good overview on the important role in specific countries in Central America and Mexico. In a report published late last year, IRENA provides a great…
Active Competition Policy Key to Mexico’s Successful Energy Reform
Mexico embarked on an ambitious and comprehensive energy sector reform in recent years to harness market forces and attract new investments, moving away from its monopoly-driven system, and leading to increasing market transparency, improved energy security and strengthened environmental sustainability.…