IEnova reported that its EBITDA increased by 65 percent comparing its US$126 million during the third quarter of 2016 to the US$206 million of the third quarter of 2017. Meanwhile, net utilities decreased from US$660 million to US$127 million during the same periods.
The federal Commission for Economic Competitiveness (COFECE) announced the start […]Continue Reading →
On Oct. 18, Enel Green Power officially announced its entry as a qualified supplier in Mexico’s energy trading sector through its Enel Energía México Subsidiary.
The governments of Colima, MX and California, US, signed a MoU on Oct. 19 during a visit of Colima’s government representatives to California’s governor, […]Continue Reading →
Enel decided to sell a majority stake of its renewable Mexican portfolio, consisting of five wind and three solar projects. The stake was bought by CKD Infraestructura México (CKD IM) and Caisse de Depot et Placement du Québec (CDPQ), for US$1.35 billion, totaling 1.7GW of capacity, of which 429MW are already […]Continue Reading →
The end of September saw tech billionaire Elon Musk continue to promote the combination of solar power with Tesla batteries in the wake of hurricane Maria. Musk tweeted a proposal to use his company’s batteries in the restoration of Puerto Rico’s electricity supply after the island’s grid was severely damaged in September’s hurricanes.
With some […]Continue Reading →
In the previous blog, the innovation behind the Milpa Alta project was explained. Now, an overview of the technology used in the project will be made, pointing out the sustainability, circular economy and innovation behind the project. This blog is based on an interview with Jahir Mojica, CEO of SUEMA, company that […]Continue Reading →
The first natural gas transportation hub to dictate natural gas prices in Mexico could be located close to Monterrey, mainly due to its closeness to Texas and its already existing infrastructure, explained Prud’homme, Head of the Technical and Planning Management Unit at CENAGAS.
SIEMENS Gamesa, the wind giant, announced that it will […]Continue Reading →
While on Sept. 24 CFE informed that the states affected by the quakes of Sept. 7 and 19 represent 51 percent of the energy consumed, on Sept. 27 CFE informed on a press release that as of that date the whole Mexican grid was working under normal conditions. On the same press […]Continue Reading →