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 →
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 →
Topolobampo and Mazatlán pipeline operations is set to start operations in July, while GES announces the beginning of construction activities for a 244MW wind farm in Sept. Mexico also made a big leap to position 12 in the International Energy Efficiency Scorecard. Meanwhile, Gas Natural Fenosa changes name to Naturgy, GE focuses on aviation and […]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 →
Mexico is a thriving country for energy projects, and as proof we have Enel finishing its 238MW solar park five months ahead of schedule, and Guillermo García, President Commissioner at CRE mentioning that 35 percent of the projects awarded during the first long-term electricity auction are ready to begin construction or even begin operations. Meanwhile, […]Continue Reading →
CFE published the bases for the HVDC transmission line tender to connect Ixtepec with the country’s central area. For the 3GW transmission project an estimated investment of US$1.7 billion is expected, with a tentative operational start in 2021.Continue Reading →
Montserrat Ramiro, commissioner at CRE, was designated by OCDE as the president of the Network of Economic Regulators for the 2018 period.
CFE announced its intentions to allocate its first FibraE with a total value of MX$17.6 billion on Feb. 7. This announcement comes almost one month after the company made its […]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 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 →