Last week, CFE’s Board of Directors presented the company’s 2018 balance sheet and determined the strategic projects that will be reinforced during this sexennial. The Mexican utility also signed an acceptance certificate with the EPC consortium composed of OHL and SENER to construct a 770MW combined cycle plant. RENGEN offered its in situ generation technology to […]Continue Reading →
As part of MORENA’s “Internet for everyone” initiative, CFE published the auction bases for a 50km concession in which national and international companies will be able to participate under specific requirements. The Ministry of Energy published an initiative through the National Commission of Regulatory Improvement (CONAMER) to reorganize CFE’s generation subsidiaries, changing previous competitiveness conditions […]Continue Reading →
After three successful long-term electricity auctions in Mexico, a fourth edition will be postponed so the new administration can execute it. Additionally, the public tenders for the most relevant electricity transmission projects in the country will also be postponed for the 1Q19.
In the international scope, energy leaders are also passing the torch. Robyn […]Continue Reading →
Bimbo and BBVA Bancomer go green, while Cleantech Challenge selected the greenest upcoming companies in Mexico on its Ninth edition. Enel Green Power connected over 1GW of solar capacity to the Mexican grid. Wood Mackenzie created its new Power and Renewables division, Invenergy secured US$150 million funding for new projects, Statkraft will spend US$1.2 billion […]Continue Reading →
As the first half of the year is about to finish major companies make major announcements, like Vestas certifying the most powerful offshore wind turbine in the world, and Shell entering into the Cabron Trust’s Offshore Wind Accelerator. Meanwhile, Bloomberg New Energy Finance predicts a good share of renewables in the future. In Mexico CFE […]Continue Reading →
1Q18 is finishing with plenty of energy. Mexico sets a step forward towards its energy transition as CFE’s Fibra E increased its value by 28 percent, while Enel Green Power committed to invest US$95 million in power plants. In the US natural gas is expected to take over renewables in power installation during 2018, while […]Continue Reading →
As 1Q 2018 finishes, things are looking good for green technologies around the world. Vestas’ 8.8MW turbine was installed while GE deploys tools to manufacture its 12MW turbine design. The green bonds’ market issued US$25.8 billion globally and Apple is now 100 percent powered by renewables, while Sweden invested €10.2 million in the development of […]Continue Reading →
According to CFE’s numbers, the productive enterprise of the state interconnected 20,000 homes and businesses that started producing their own electricity using solar energy. With this number, the total amount of CFE’s interconnections raises to 50,000.
The Ministry of Energy published the Natural Gas Storage Public Policy, established by CENACE, where […]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 →
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 →