Mexico, the US and Canada finally agreed on their renewed trade agreement USMCA. While Abel Hibert, Chief Advisor of the Economic Transition team of AMLO, stated that the long-term electricity auctions will continue during AMLO’s administration, the Clean Energies in Mexico 2018-2032 study was presented, gathering the voices of several Mexican energy and sustainability associations. […]Continue Reading →
In Mexico, CONNUEE announces federal government savings derived from its energy efficiency program, CRE approves CENACE’s methodology to calculate the country’s interconnection financial guarantees, CCE’s president mentions how electricity tariffs should be less volatile and do not reflect inefficiencies in power generation. Meanwhile Engie plans for the future and Enel starts construction of Amistad II. […]Continue Reading →
Enel Group inaugurated its 754MW Villanueva PV plant in Coahuila, project that was awarded to the Italian group during the first long-term electricity auction. To get to know more about the plant check out our blog
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On Jan. 18, 2018, Mexico officially joined the International Energy Agency (IEA), becoming the 30th member and the first from Latin America. According to the IEA, Mexico’s membership is a cornerstone on the ongoing modernization strategy and commitment with emerging economies. Both Joaquín Coldwell, Mexico’s Minister of Energy, and Faith Birol, IEA’s […]Continue Reading →
CENACE accepted 47 purchase and 13 sale power offers for the upcoming mid-term electricity auction. The purchase offers come from four different potential buyers.
Fotowatio Renewable Ventures, the Spanish solar unit of UAE-based Abdul Latif Jameel Energy, announced the financial closure for a 342W solar park to be built in San Luis […]Continue Reading →
According to information from the Ministry of Finance, CFE had an economic deficit of MX$4 billion in its activities from January to October 2017. In the same period of 2016, the company reported a surplus of MX$10 billion.
Infraestructura Energética del Norte announced its plans to invest US$43 million for the construction […]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 →
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 →
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 →