Solar is expected to have a boost in the country as CFE stopped its amparo process for distributed generations projects and ASOLMEX signed a cooperation agreement with the Bajío Energy Cluster. Meanwhile the president-elect Andrés Manuel López Obrador stated that fuel prices will only increase due to inflation. And, while global investment in renewables decreased, Germany reached a new milestone in generation with these technologies and Sweden expects to reach its 2030 targets by the end of this year.

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NATIONAL

CFE stopped its pursuit to get an amparo against CRE’s Administrative Dispositions for distributed generation. This is expected to untap and boost the number of solar rooftop projects for the residential sector.

ASOLMEX and the Bajío Energy Cluster signed a cooperation agreement to stimulate the development of the solar market in the region. The objective of the agreement is to create a solar corridor along Aguascalientes, Queretaro, Guanajuato and San Luis Potosi.

In a meeting with CONCAMIN the president-elect Andrés Manuel López Obrador mentioned that fuel prices in Mexico will only increase respectively to their inflation to boost the national market and improve competitiveness levels in the manufacturing sector.

Wind blades manufacturer TPI Composites announced that Vestas exercised an option to add two more blade manufacturing lines under an already existing supply agreement. TPI will then produce blades from six lines for Vestas at TPI’s new manufacturing hub in Matamoros, beginning this quarter.

 

 

INTERNATIONAL

Global investment in clean energy decreased slightly to a total of US$138.2 billion during 1H18, according to Bloomberg New Energy Finance.

Renewable reached an important milestone as during the 1H18 in Germany renewables became the largest power source of the country, ahead of coal, in the country’s gross production mix, according to the German Association of Energy and Water Industries.

 

 

Solargise wants to invest US$2.3 billion in a plant in Canada to manufacture new-generation plastic-free solar panels. There are still many requirements and to be fulfilled before the company can think on making the project, called Sand to Power, a reality.

Sweden is expected to reach its 2030 renewable energy target late this year. If the target is reached, the total 3,681 installed turbines in the country are expected to generate 18TWh of energy annually.

 

 

For more articles on Mexico’s energy industry, check out our blog!

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