On July 3 was announced that Generadora Fénix, an association between the Mexican Electrician’s Union and Mota-Engil, would be the seller of the energy produced with the leachate coming from Bordo Poniente. The total of the energy will be sold to Mexico City for public lightning at MX$2.1 per kW/h.
OECD reported that […]Continue Reading →
Electric cars are on the rise, and there is no doubt about it. According to the IEA, the number of new registrations for electric cars worldwide reached 750,000 in 2016. This number represents a growth of 60 percent in registrations compared with 2015.
With sales like these in the electric vehicle sector it is […]Continue Reading →
Following its commitment towards mitigating climate change, Mexico adopted the Green bonds practice, promoted throughout climate change related summits like the COP 21 held in 2015, the Paris Agreement and Hangzhou’s G20 summit, both in 2016.
Green bonds are used to finance investments directed towards environmentally-friendly projects. […]Continue Reading →
Rotoplas announced, on June 25, its interest in becoming the first company to emit a sustainable bond in the Mexican and Latin American markets. Nevertheless, just one day after this announcement analysts warned of the risky bond, stating that it has not enough warranties.
On the same day, it was announced that […]Continue Reading →
Mexico’s Energy Reform is generating a significant spillover effect in several parts of the country, mainly where the available resource—be it solar, wind, geothermal or biofuels—is most abundant. This effect adds up to the projects under development launched during the long-term electric auctions.
While numerous projects are under development nationwide, here are a […]Continue Reading →
Last Tuesday, June 27, Mexico City confirmed the country’s commitment with the fight against climate change by hosting a special presentation of the documentary: From the Ashes. The film, produced by RadicalMedia in partnership with Bloomberg Philanthropies, is a clear statement of the environmental and social issues we are facing […]Continue Reading →
As the United States is bracing for the incoming impact of President Trump’s exit from the Paris Agreement, other countries are taking matters into their own hands and preaching by example in the battle against climate change.
Such is the case of the understanding between Mexico and Germany. Accepting the invitation made by President Enrique […]Continue Reading →
The National Electric System Development Program, or PRODESEN, is the main tool to plan and design the electric infrastructure Mexico will need to cover its energy demand, on a 15-year period, following the country’s objectives of efficiency, quality and reliability of the National Energy System, or SEN, as well as its commitment with the […]Continue Reading →
The Energy Regulatory Commission (CRE) liberalized the price of natural gas in the northern area of the country on June 18. By abolishing maximum prices the commission expects that the market will lead the prices, therefore allowing for more competition and a fair market.
On June 20, CRE also published the set of […]Continue Reading →
Heineken, Grupo Modelo and Diageo, will invest at least US$120 million in renewable energy projects that are targeted to decrease its energy expenditures by up to 80 percent. The main technologies in which these companies will invest are biogas, wind and solar.
The state of Tamaulipas expects to receive investments of up […]Continue Reading →