Davos discussions wrapped up last week and this time, climate change was at the top of the agenda. After the COP 21 in 2015, 55 countries that generate 55 percent of the global emissions ratified the Paris Agreement. To date, 184 parties have ratified the Convention. This global collaboration aims to keep global temperature rises […]Continue Reading →
CFE is and will remain Mexico’s leading electricity supplier. Nevertheless, some of the most strategic projects of the former administration such as the fourth long-term electricity auction and the Ixtepec-Yautepec Transmission Line have been cancelled. Uncertainty governs the sector, while the industry awaits further plans. In the meantime, the financial sector advocates for continuity by fostering […]Continue Reading →
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May had an energetic kick off. CFE announced that its 2017 utilities were 47 percent higher than the ones of 2016, while Atlas Renewable Energy committed US$600 million of investment for renewable energy projects in Latin America. In the international playground Wood […]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 →
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 →
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 →
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 →
Do you have an innovative project involving renewable energy? Does it have the potential to revolutionize Mexico’s energy industry? Apply to PRODETES Award 2016.
The Ministry of Energy, in collaboration with the World Bank and the Global Environment Facility, has launched the PRODETES Award with the purpose of discovering and supporting the best renewable and […]Continue Reading →
Barack Obama has distinguished himself from his predecessors by being a strong climate change supporter, committing the US to the ambitious agreements made at COP21 while being an openly renewable energy advocate. South of the border, Enrique Peña Nieto’s government has also taken concrete actions regarding climate change by continuing the work started by Felipe […]Continue Reading →
The last Conferences of the Parties held in Paris not only managed to establish an international climate change agreement to keep the globe’s temperature below 2°C, but it also promoted the creation of Mission Innovation, an initiative to double clean energy investments with the purpose of boosting the sector’s deployment. Originally, the initiative was supported […]Continue Reading →