Big news came out during this week from CENACE, as the governmental institution presented both the acceptance of two buyers, besides CFE, for the upcoming third long-term auction, as well as the call for the first mid-term auction. The importance of having two accepted buyers resides in the fact that during the first and second long-term auctions only CFE was able to make buying offers, but as the clearing house is to be implemented now new buyers can take part on the auction. To get to know more about the call for the first mid-term auction, read our blog: First mid-term auction, another step towards an energy market.
Minera Autlán announced its intention to invest US$80 million in a wind park in Coahuila. The company expects that the project can be materialized by next year, as the permits for 50MW self-supply energy generation, the interconnection contract and the Environmental Impact Manifesto have all been accepted.
Due to the construction of several new generation plants with renewable technologies as well as the young market Mexico represents, Kaiserwetter sees Mexico as a growing and attractive market for the technical and financial management of the soon to be built plants.
During a visit to San Diego’s Energy Storage North America conference the Mexican Energy Regulatory Commission announced that Mexico is looking to include grid storage as soon as possible. The government sees the potential of installing up to 2,333MW of storage in the next decade.
The Russian Association of Wind Power Industry announced the creation of the “Wind Energy Fund”, a US$1.7 billion development with a term of 15 years fund to invest in the creation of wind power.
SolarReserve won a contract to supply the South Australian government with dispatchable solar energy for almost US$0.06 per KWh. The energy will be produced by Aurora, a 150MW solar thermal power station that incorporates 8 hours of storage through molten salts.
12 of Equinix’s data centers will be provided with 37MW of fuel cells. The California and New York data centers are expected to reduce their footprint with the installation of the fuel cells from the partnership Bloom Energy-PowerSecure, by offering them more control over their energy supply
For more articles on Mexico’s energy industry, check out our blog!