SEMARNAT recently granted environmental impact permits for the construction of the San Ignacio solar park to be located in Yucatán. It is expected that the project will require an investment of US$34.2 million to reach a nominal capacity of 19.76MW. This solar park is one of the nine assigned projects to the state […]Continue Reading →
Riverstone allocated a CKD at the Bolsa Mexicana de Valores with a total value of MX$8 billion, out of which the first emission will be of MX$1.6 billion, and will be used for the development of renewable energy projects in the country. This comes two weeks after the third long-term electricity auction took […]Continue Reading →
As the final results for the third long-term electricity auction were officially published on Nov. 22, it is now time to make an analysis of what they represent for Mexico, and a comparison with the past two auctions.
During the third long-term electricity auction, which took place on Nov. 15, 16 projects got […]Continue Reading →
On Nov. 22 the official results of the third long-term electricity auction were published, just a week after it took place. As results of this last auction, 15 new clean energy plants will be built (nine solar, five wind and one of turbogas) adding up 2,562MWs of energy to the National Electric […]Continue Reading →
In front of the 70 C-level attendees—including project developers, EPC companies and independent power producers—the San Francisco-based solar tracker heavyweight presented its TrueCapture technology and unveiled its […]Continue Reading →
Recently, the world’s largest investment bank, Goldman Sachs, selected 50 stocks reflecting the Chinese economy at its new stage, known as the “New China Nifty 50”. LONGi Green Energy Technology is the only enterprise selected from the new energy industry. A “New China Nifty 50” stock should meet three conditions: a net profit growth rate […]Continue Reading →
Both CNH and CRE received a 24 percent increase compared to their original budget petition for 2018. This comes after constant budget cuts suffered by the regulators during the last three years.
The Interamerican Development Bank announced that it will support FIRA, the Mexican development bank for the farming, rural, forestry […]Continue Reading →
Julian Willenbrock, CEO of Enlight, stated that as of November 2017, 160,000 households had already installed solar panels, bringing reduction in their monthly costs of up to 95 percent. He also mentioned a reduction in costs of 70 percent from 2012 until now.
Meanwhile, María Ricalde, Director of Galt Energy Mexico, the […]Continue Reading →
As the end of 2017 is slowly approaching, it is time to take a look into the future. The best way to do it is to take another look at PRODESEN 2017-2031 and see what this development plan has prepared for the Mexican energy industry. This is the second of two blogs about this […]Continue Reading →
On Oct 31 the European Investment Bank loaned NAFIN US$100 million to boost the development of renewable energy projects. NAFIN will use the resources to finance private wind projects, among them, two located in Coahuila and Zacatecas of 200MW and 130MW, respectively.
On Nov 2, Nissan Mexicana celebrated the […]Continue Reading →