On August 21 Energy Minister, Pedro Joaquín Coldwell, presented the Intelligent Electric Energy Networks Program, which will need an investment of MX$11.6 billion in the coming eight years. The program consists of 10 main projects to be established by CENACE. Coldwell also pointed out that for what is left of this year MX$14.6 […]Continue Reading →
LONGi Solar has notched another record. The maker of high-efficiency monocrystalline solar cells and modules, achieved a power output of 325.6W under standard testing conditions (STC) with its latest 60 cell Hi-MO1 module. Its conversion efficiency reached 19.91 percent.
A test report from TÜV Rheinland confirmed the feat and follows on the heels of the […]Continue Reading →
What if your office building’s glass facade, in addition to letting sunlight in and blinding your co-workers whose working booths face the sun directly, could also help reduce your electric bill?
That is the objective Physee, an Amsterdam-based startup launched in 2014, set for commercial, residential and office buildings. The company combines and […]Continue Reading →
Big news came out during this week from CENACE, as the governmental institution presented both the acceptance of two buyers, besides CFE, for the upcoming third long-term auction, as well as the call for the first mid-term auction. The importance of having two accepted buyers resides in the fact that during the […]Continue Reading →
August 17th marked the beginning of NAFTA renegotiations between the US, Canada and Mexico. Robert Lighthizer set the tone for the discussions by prioritizing the reversal of the American trade deficit. The Canadian delegation called for a NAFTA revamp that integrates progressive new chapters in the agreement, such as environmental standards, as well […]Continue Reading →
Yesterday, August 15, the presentation call of the first mid-term electric auction took place, which is expected to run on February 2018.
The mid-term electric auction will cover only two types of packages: power and energy, as compared to the long-term one where there are three types of packages: power, energy and CELs.
The […]Continue Reading →
While long-term electric auctions are fostering renewable energy sources in Mexico’s energy mix, the country’s private sector is also making a point in ensuring renewable energy takes a greater part of its energy consumption. Energy-intensive industries see this as an increasingly attractive option, especially considering CFE’s latest increases in electric tariffs for the industrial […]Continue Reading →
Development Banks will finance renewable energy projects awarded during the long-term electricity auctions in Mexico with a total investment of US$810 million. According to the Minister of Energy three credits have solidified; the first for the wind park “Reynosa II” with a credit of US$330 million coming from Bancomext, NAFIN and Banobras; […]Continue Reading →
CFE’s net utilities during 2017 first quarter dropped 91 percent compared to the same period in 2016, going from MX$106.9 to MX$9.2 billion. Although total sales increased by 38 percent, the drop obeys to the increase in generation costs of 56 percent, which is mainly driven by the higher cost of fuels. Continue Reading →
Without a doubt, organic residues valorization is an innovative energy production technology that, although it has been in sight for men for a long time (i.e. burning of residue to get energy), it has been until recently that the process has been considered as a way to tackle health, pollution and energy security problems.
In […]Continue Reading →