CRE and CENACE published the call for proposals for Mexico’s fourth long-term electricity auction. The first three editions have cumulated an aggregate 8.9GW of clean energy installed capacity and are expected to pour in US$9 billion in investments.
What to Expect
“CRE’s message to all interested parties is one of […]Continue Reading →
This is the second of two blogs related to the Women4Climate event that took place on Feb. 26 in Mexico City. To get to know more about this international movement and the role of women in counteracting the effects of climate change, read our previous blog.
The Women4Climate event in Mexico City created […]Continue Reading →
On Monday, March 5, 2018, CENACE published the official results of first mid-term electricity auction in Mexico. This process was designed for suppliers of basic services to acquire both power and electricity to be consumed by basic users. By acquiring these services in advance, suppliers of basic services are able to reduce or even […]Continue Reading →
Three development banks, KfW IPEX, ING and Bancomext are extending a US$209 million loan for a 300MW solar park in San Luis Potosi to be developed by Fotowatio Renewable Ventures.
Guanajuato’s governor announced Iberdrola’s intentions to build a 105MW wind farm in the state with an expected investment of US$160 million, […]Continue Reading →
At its core, developing a utility-scale wind farm or PV solar park is a financial business. Compartmentalizing risks through every development stage and ensuring long-term profitability is the name of the game. To do so, part of the effort focuses on raising capital and sources abound, from a company’s own financial lung to multilateral institutions […]Continue Reading →
A week and a half ago, Mexico City became the second city worldwide to host Women4Climate. Women4Climate is a C40 initiative, a network of the world’s megacities committed to addressing climate change. C40’s main purpose is to empower, inspire, influence, drive action and raise awareness among female climate leaders to shape the […]Continue Reading →
Telmex decided to enter into the distributed generation area, offering its clients to pay for the installation of PV panels with a credit that is paid on its customers telephone bills. This service will be offered to the clients who pay over MX$2,500 on their electricity bill, which comes every two months.
[…]Continue Reading →
On Jan. 18, 2018, Mexico officially joined the International Energy Agency (IEA), becoming the 30th member and the first from Latin America. According to the IEA, Mexico’s membership is a cornerstone on the ongoing modernization strategy and commitment with emerging economies. Both Joaquín Coldwell, Mexico’s Minister of Energy, and Faith Birol, IEA’s […]Continue Reading →