Energy

Mexico, US look to strengthen energy ties prior to NAFTA talks
U.S. Energy Secretary Rick Perry visited Mexico today to meet with his counterpart, Pedro Joaquin Coldwell, and talk about ways to promote cross-border electricity trade and investment. The meeting comes as the two countries ready for a renegotiation of the North American Free Trade Agreement. Col...
Mexico's IEnova will invest on eight projects
Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy, will invest US$800 million this year on eight projects, the company's chief executive said recently. Carlos Ruiz Sacristan said the most important project is an underwater pipeline between Texas and the Mexican Gulf port ...
Mexico’s clean energy tenders to trigger US$ 8.6 billion investments by 2021
The three electric auctions that the Mexican government carries out to award contracts to private companies that build power plants using clean technologies, will result in around US$ 8.6 billion investments by 2021, Secretary of Energy, Pedro Joaquin Coldwell, said in recent days at a press confere...
Mexico’s largest solar park is about to get bigger; Enel signs deal for 10% expansion
Enel’s Mexican renewable subsidiary Enel Green Power Mexico announced it has signed an agreement with the country’s Federal Electricity Commission (CFE) for the 10% expansion of its Villanueva and Don Jose solar parks and Salitrillos wind farm.  The expansions of the three plants will require ...
Mexico’s third clean power auction draws US$ 2.4 billion investments for 15 projects
As result of the third Long Term Electric Auction, the Mexican government expects US$ 2.4 billion investments to build 15 new clean-energy plants in eight states, which will add 2,562 megawatts (MW) to the national power grid. The projects consist of nine solar plants (photovoltaic) which account f...
MMEX Resources plans to build US$ 450 million refinery near Mexico - Texas border
MMEX Resources Corp., an Austin-based energy company, announced plans to build a US$ 450 million, 50,000 barrels per day capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing. Located...
Monterra Energy plans to build fuel storage terminal in Puebla
Monterra Energy, a company supported by investment firm KKR to pursue opportunities in the Mexican energy sector, plans to build a fuel storage terminal in Puebla. For that end, the Houston-based company is looking to acquire land in the central state to keep the project going, revealed Bloomberg in...
Monterrey-based Grupo Alfa to sell energy assets amid uncertainty
Monterrey-based conglomerate Grupo Industrial Alfa SAB plans to sell a number of energy assets, including its share of the Eagle Ford Shale project in Texas, as it puts its energy industry expansion on hold due to global economic uncertainty and a less attractive outlook for the oil industry. "At A...
More investment arriving in Guanajuato
Mexico President Enrique Peña Nieto announced an investment project valued at US$23 billion to remodel six refineries with an US$8 billion allotment for Petroleos Mexicanos (Pemex) facilities in Salamanca. On the other hand, the new gamble to attract investment and employment will be through the ag...
More than 250 gas stations in Mexico to operate under Total brand
Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico City under the Total brand. Present in Mexico since 1982, Total is aiming to capitalize on the deregulation of the country’s fuel sales and...
New Fortress Energy builds US$184 million liquefied natural gas terminal in Baja California Sur
U.S. energy infrastructure developer New Fortress Energy (NFE) announced that it was awarded a long-term contract for the development, construction and operation of a terminal dedicated to the import of liquefied natural gas (LNG) in the port of Pichilingue, Baja California Sur. This contract was t...
New Mexico City airport to feature a US$ 21 million solar plant
U.S. rating agency Standard & Poor’s (S&P) revealed the New International Airport for Mexico City (NAICM) will include the construction of a US$ 21.8 million solar plant as part of a goal to operate the facility with 100% renewable energy and achieve reductions of 30% in water and 40% in e...
New Mexico firm seeks to export Natural Gas to Mexico
New Mexico Gas Co. will seek a federal permit to build the states first natural gas pipeline to Mexico.The $5 million project would extend the companys existing pipeline in Santa Teresa about five miles to the U.S.-Mexico border and enlarge the pipeline. Additional facilities would need to be bui...
New solar energy will arrive in Ensenada
ENSENADA — In a few months, Baja California companies could start working with solar energy generated in Baja California as part of the Energía Real del Castillo project in Ojos Negros, Ensenada. The director of Baja Pacific Energy, Julio Resendiz, officially announced the project that could beg...
New wind companies will arrive in Matamoros
MATAMOROS – In order to attract new investments to recover growth in Matamoros, entrepreneurs seek to attract wind energy companies interested in investing in this city. The president of Consejo Coordinador Empresarial in Matamoros, María del Carmen Cadena, announced that the business sector see...
NEXTracker prompt deliveries lead to early start up of solar plant in Coahuila
NEXTracker, a Flex subsidiary, announced that it has successfully delivered 754 megawatts (MW) of solar trackers —the devices that orients solar panels toward the Sun— to the Villanueva solar project, the largest solar facility in the Americas, located near Torreon, Coahuila. The company was se...
NEXTracker supplies locally developed technology to solar plant in Coahuila
NEXTracker, a subsidiary of Flex company, announced it has started supplying its advanced single-axis trackers to the Villanueva solar facility, the largest photovoltaic (PV) power plant in the Western Hemisphere, which is currently under construction in the municipality of Viesca, Coahuila, 147 mil...
Nordex Acciona invests US$1.2 billion In Tamaulipas
TAMAULIPAS – The government of Tamaulipas inaugurated the production plant of blades for wind turbines, Nordex Acciona, which is expected to generate 800 direct jobs thanks to an investment of more than US$ 1.2 billion. The building, whose construction was completed in a record time of 6 months, ...
Nuclear energy will be available until 2030 in Mexico
The generation of electricity with nuclear energy is increasing in Mexico and it is estimated that by 2030 this source will be available in the country. "The National Electric System Development Program considers a repowering of the Laguna Verde power plant, more or less equivalent to the growth we...
Nuevo Leon to set up a US$33-million photovoltaic plant
The governor of Nuevo Leon, Jaime Rodriguez Calderon, informed that an investment of US$33 million is to be made for the construction of the Pollux photovoltaic plant in the municipality of Galeana. The official presented the project, which will strengthen the electricity grid in the region and h...

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