CRE turned 25 years old and it celebrated its anniversary with an event called “A Reflection on the First 25 Years.” During the event, Pedro Joaquín Coldwell, Minister of Energy, congratulated the regulatory agency for opening Mexico’s energy market to the world, and for improving the local condition of the energy industry with remarkable achievements […]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 →
As CRE grants the first three permits for basic suppliers to get in business, GBM cancelled its participation in Chabacal I and II, TPI Composites extended its contract with GE and Canadian Solar secured financing for its solar park in Aguascalientes. Meanwhile, the world reached 1TW of installed solar and wind capacity, with the second […]Continue Reading →
Wind farms and HVDCs raise interest in Mexico. And energy clusters are getting created to help them reach their goals. Meanwhile, a new-low record efficiency is achieved in Switzerland for solar PV, while EU renegotiates its renewable energy production targets.
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On May 8 and 9 the main Latin American players creating solutions for a sustainable and cleaner mobility gathered during the first Latin American Mobility Summit in Mexico City. Representatives were present from companies and institutions across the energy industry such as Faurecia, Bosch, Uber, CFE, ENGIE, Continue Reading →
According to GTM Research’s report, Global Solar Demand Monitor, Latin America will account for 11 percent of global PV demand by 2022, while it currently accounts for only 3 percent. The report puts great emphasis in Mexico achieving low costs for the installation of PV, which go as low as $20.84 per MWh, […]Continue Reading →
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 →
The deployment of renewable energies has far reaching consequences that go beyond the mitigation of climate change and economic competitiveness. Renewables are altering and lowering market prices for electricity on a global basis, and much of the new capacity has fallen out of the hands of large utilities. The large expanse of market […]Continue Reading →