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May had an energetic kick off. CFE announced that its 2017 utilities were 47 percent higher than the ones of 2016, while Atlas Renewable Energy committed US$600 million of investment for renewable energy projects in Latin America. In the international playground Wood deployed cutting-edge lidar technologies in a Scottish wind farm, the US will support marine technologies while solar and wind represented 93.7 percent of the total capacity installed during 1Q18, and the major auto manufacturer Mercedes-Benz said goodbye to its residential batteries. For an insight on renewable’s measurement technologies in Mexico, check out Mexico Energy Review’s interview of the week with Ralph Wagner, Director General of Climatik and César Sierra, Commercial Manager of Climatik.

-Want to find your optimal energy source? Here’s your weekly news roundup:

 

NATIONAL

CFE reported a total net utility of MX$107,910 for 2017, surpassing the goal settled for the year in its 2017-2021 business plan. This utility is 42 percent higher than the one reported for 2016.

 

 

SunPower reported its produces over 1,500 solar panels per day in its facilities located in Mexicali, which are then distributed to the whole world.

Atlas Renewable Energy will invest US$600 million in renewable energy projects in Latin America to be distributed among Brazil, Chile, Uruguay and Mexico.

FEMSA expects to be have a 40 percent clean energy consumption coming from wind energy by the end of 2018.

Acciona concluded the construction of the electric line that will transport the energy generated by the combined cycle Empalme II plant. The 117km line has a capacity of 400kV, and includes four substations.

 

 

The “Investment Opportunities in Oaxaca’s Energy Sector” forum took place in the named state. During the forum Energy Cluster of Oaxaca was created, composed already by 20 companies looking to generate the best technical, economic and regulatory conditions in the clean energies market. This comes one week after Aguascalientes, Guanajuato, Queretaro and San Luis Potosi announced their intentions to create an energy cluster (read this and more news in our previous Weekly Roundup).

 

INTERNATIONAL

Wood deployed the first scanning lidar devices on two offshore floating wind turbines at the Hywind Scottish wind farm. The lidars will help understand wake and turbulence effect from multiple floating offshore wind turbines, measure turbulent wake spectra and investigate the effect of wakes on yaw motions. To get to know more about LiDAR technologies, and their implementation in Mexico, check out our blog.

The US will support marine energy technologies with US$23 million in financing.

Wind and solar power capacity represented 93.7 percent of all the installed capacity in the US during 1Q18. This amounts for a total of 3.15GW, out of which wind represented 1.8GW and solar 1.35GW. Meanwhile, Germany produced 100 percent of its electricity via renewable sources for a couple hours on May 1.

Allianz will stop insuring coal-fired power plants and coal mines. This is part of its contribution to combating climate change.

BNDES raised US$1 billion in green bonds to be invested in wind or solar projects in Brazil. The bonds are due in 2024.

 

 

Minesto installed tidal kite´s bottom joint systems in the seabed off Wales, while Atlantis and Xodus aim to develop a tidal energy project in Japan. Several countries are aiming towards harnessing the potential of marine energy. To get to know about Mexico’s efforts in that area, take a look at our Interview of the Week with MARERSA.

Mercedes-Benz will stop manufacturing residential batteries and dissolves its US based energy subsidiary. According to the company’s spokesman the batteries were overdesigned for use as home storage.

 

 

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

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