Energy

Mexican regulator grants permit for US$70 million fuel storage terminal in Altamira port
The Energy Regulatory Commission (CRE) announced it has granted the first fuel storage permit in the Integral Port Administration (API) of Altamira, Tamaulipas, which will be developed and operated by Cooper / T. Smith of Mexico. The terminal will have an operating capacity of 480,824 barrels and r...
Mexican regulator issues rules to stimulate competition among electric car charging stations
Despite the growing demand for electrified vehicles, during this year sales of full-electric cars have decreased in Mexico, largely due to the still poor infrastructure for recharging these units. However, according to El Economista, that is about to change. The Energy Regulatory Commission (CRE), ...
Mexican utility company Ener AB orders 85 wind turbines from Vestas
Danish wind turbines manufacturer Vestas announced that Ener AB, a joint venture between Virginia-based AES Corporation and Mexico’s Grupo BAL, has placed a 306 MW order for the Mesa la Paz wind park that derives from a corporate power purchase agreement (PPA).  The order includes the supply and...
Mexican-Canadian joint venture to develop power infrastructure in San Luis Potosi
Canadian developer ATCO partnered with Mexican counterpart RANMAN Energy to supply an innovative power generation solution in the rapidly developing World Trade Centre Industrial Park in San Luis Potosí, Mexico.  The project, developed through a joint venture, will deliver reliable onsite electri...
Mexican-Canadian oil and gas joint venture begins exploratory drilling in Veracruz
International Frontier Resources Corporation (IFR), a Canadian publicly traded Oil & Gas company, announced that it has spudded its first evaluation well, TEC-10, at its onshore Tecolutla block in Veracruz, Mexico. Drilling work is conducted by Tonalli Energia, a joint venture created by Petrofr...
Mexican-Spanish joint venture breaks ground for 404 MWp photovoltaic plant in Sonora
Spain-based renewable energy developer Acciona Energia today announced it has started construction work on the Puerto Libertad photovoltaic complex, developed in a joint venture (on a 50-50 basis) with Mexican company Tuto Energy in the State of Sonora.  With 404 megawatts peak power (MWp) – 317...
Mexico awards four contracts for natural gas pipeline capacity
Mexican authorities awarded four contracts for natural gas pipeline capacity for 29.2% of the available capacity on pipelines importing natural gas into the country.  Three companies participated in the auction of 753,722MMBtu/d on four stretches based on a tariff for transportation at US$ 0.31 pe...
Mexico delays next oilfield auctions after recent major discoveries
Mexican authorities plan to delay the next offshore oilfield auctions by a month in order to give bidders more time to evaluate two recent major crude discoveries that highlight the potential value of the assets at play. In an interview with Bloomberg, Juan Carlos Zepeda, head of the National Hydro...
Mexico grants three exploration permits for geothermal energy
Mexico’s Ministry of Energy, through the Directorate General of Clean Energy, announced having awarded three new exploration permits for geothermal resources in the states of Guanajuato, Baja California and Jalisco. After fulfilling all the requirements of the Geothermal Energy Act (LEG) and it...
Mexico grants US$ 4 billion in contracts for 36 clean energy projects
Mexican goverment revealed the 23 winners of its second renewable energy auction, awarding 36 projects for wind and solar capacity. The selected companies will invest about US$ 4 billion over the next three years, the country’s energy ministry said. The National Energy Control Center (CENACE...
Mexico inaugurates second largest wind farm in the country
Energias de Portugal officially opened its Eolica de Coahuila wind farm located in Northern Mexico, a 200 MW facility located in General Cepeda municipality, which will supply power to local mining group Industrias Penoles. The farm is the second-largest wind facility in the country after the 252 M...
Mexico inaugurates US$ 650 million wind farm
Mexican authorities along with Acciona Energia executives inaugurated the Ventika wind farms, with a combined capacity of 252 MW. The complex located in the northern state of Nuevo Leon is Acciona’s biggest project ever built for a client. The two wind parks represented an investment of about US...
Mexico plants to build 40 solar power plants and 25 wind plants by 2021
Mexico plans to increase renewable generation during the next three years. According to the Secretary of Energy Pedro J. Coldwell, with three completed auctions, 65 new power plants, 40 solar and 25 wind power plants are expected to be built by 2021. This will represent an investment of US$8.6 billi...
Mexico Registers November Trade Surplus on Export Rebound
Mexico registered an unexpected US$200 million trade surplus in November as exports of manufactured goods posted double-digit gains and oil exports rose from a year before, the National Statistics Institute said Friday. Exports rose 11.1% to US$34.47 billion, while imports increased 5.1% to US$34.27...
Mexico set for 20-fold solar expansion by 2019
After a year that included two fiercely competitive renewables tenders, Mexico’s energy secretariat says the country is on track to have 5.4GW of operating solar capacity by the end of 2019, more than 20 times its current capacity. By comparison, Mexico’s more well-established wind sector is exp...
Mexico to lead AB InBev’s crusade for renewable energy
Anheuser-Busch InBev NV, the world’s biggest beer maker, announced plans to get all of its electricity from renewable sources by 2025 and its strategy will begin in Mexico. The initiative will imply shifting 6 terawatt-hours of electricity (almost enough to power all of Spain for a month) from fo...
Mexico to reach renewable energy goal earlier than planned, official says
Mexico will get 35% of the power it needs from renewable sources in 2021, three years before the official timetable, which was set for 2024, supported by clean energy power plants that resulted from the three long-term auctions that have been carried out after the energy reform, projected Guillermo ...
Mexico will become a leader in solar energy in the next five years, says Trina
Over the next five years, Mexico will become the Latin American leader in the photovoltaic (solar) market, said Yang Rongfang, executive vice president of Trina Solar’s Photovoltaic System Business Unit. During a recent visit to Mexico, the Chinese company official explained that in order for the...
Mexico-based RuhRPumpen starts manufacturing operations in India
Mexico-based centrifugal pump manufacturer RuhRPumpen has set up a new plant at Vallam Sipcot Industrial estate in Chennai, India, where the company now builds solutions for the petrochemical, mining, manufacturing, energy, chemicals and waste water managing industries. The company started manufact...
Mexico, attracting energy companies from Finland
Energy companies from Finland are interested in Mexico, thanks to the benefits yielded by the Energy Reform approved since 2014. “There is a company named Wärtsilä, that was already operating in Mexico, but after the reform, it saw with interest new opportunities opening”, comments Norma Pensa...

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