April got off to an energetic start. Major off-takers like Bimbo and Google announced their full renewable commitments and achievements. Lukoil also found green energy attractiveness in Kazakhstan. In Mexico, Ammper began operations in the wholesale electricity market and international companies like Atlas, Prodiel and JinkoSolar set a stronger foothold in their renewable energy projects. For an insight on Ammper’s ambitions and accomplishments in the country, check out Mexico Energy Review’s interview of the week with Juan Guichard, CEO of Ammper Energía.
Want to get energized? Here’s your weekly news roundup:
Ammper Energía starts operations in the Mexican wholesale electricity market. The company will now offer qualified supplier services to clients whose power demand exceeds 1MW.
Atlas Renewable Energy announced its first solar project in Mexico. The 126.5MW Hidalgo-based project will generate over 300GWh per year to be sold to CFE and was originally awarded to SunPower during the country’s first long-term electricity auction.
IEnova selected Prodiel for the execution of its 144MW PV project. The facility will have 400,000 PV panels and produce 293GWh per year.
JinkoSolar supplies modules for America’s largest solar PV plant. The Mexico-based project will have a capacity of 754MW and will produce over 1,700GWh per year.
CFE will remain dependent of natural gas imports from the US, and energy losses account for MX$45 billion per year to the company. Jaime Hernández, CEO of CFE, said that the company will need to cover at least 60 percent of its consumption via natural gas imports from the US during the next five years. He also said that 55 percent of the energy losses are due to theft, and that the total amount of energy losses account for 11.7 percent of the energy generated in the country.
2017 was the eighth year in a row in which global investment in renewables exceeded $200 billion. This and other indicators such as the record 157GW of renewable power commissioned last year, out of which 98GW were for solar, can be found in the latest Global Trends in Renewable Energy Investment Report 2018.
Bimbo is looking to become the first 100 percent renewable powered bakery in the US by 2020. To achieve it, the company signed an agreement to purchase virtual energy from a 100MW wind farm owned by Invenergy.
Google reached its 2017 goal of being 100 percent renewable. The company announced that the amount of energy bought from renewable sources exceeded the amount of energy consumed by its global operations, including offices and data centers.
JinkoSolar confirms US$50 million investment in US factory. Its facility will provide NextEra Energy Resources with up to 2.75GW coming from PV panels modules over four years.
ABB will enable the expansion of a solar park in Dubai. This by winning an order for more than US$90 million to build a 400kV substation for DEWA, the leading power utility in UAE, to integrate solar power from the Mohammed bin Rashid Al Maktoum solar park into the city’s electrical grid.
Lukoil analyzes possibilities for green energy projects in Kazakhstan. The company signed a MOU with Kazakhmys Holding with this objective. In a first stage the parties will analyze the promising sites to locate projects, followed by decision-making processes.
For more articles on Mexico’s energy industry, check out our blog!