Energy

Vestas secures deal to supply turbines for Mexico’s largest wind farm
Vestas Wind Systems A/S revealed that the recently announced agreement to equip Zuma Energia’s 424-MW Parque Eolico Reynosa III wind farm in Mexico has now turned into a firm and unconditional supply order. The value of the contract remains undisclosed. As part of the deal the Danish wind turbine...
Wind blade manufacturer TPI Composites to open its fourth plant in Mexico
Arizona-based wind blade manufacturer TPI Composites announced a multi-year supply agreement with Danish firm Vestas Wind Systems to provide blades from two manufacturing lines (with option to add more lines) for the Vestas V136 wind turbine for markets in Central and South America. The blades will...
Wind blades manufacturer Nordex Group to set up production site in Matamoros
The Nordex Group, a Germany-based manufacturer of wind turbines for the renewable energy sector, announced it will set up a manufacturing plant in the municipality of Matamoros, Tamaulipas. Moving forward, rotor blades totaling more than 1GW capacity per year will be produced there for both the loc...
Wind blades manufacturer TPI Composites posts net income increase of 65% in first quarter
TPI Composites, Inc., a manufacturer of composite wind blades with three production facilities in Mexico, reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$ 21.0 million in its financial results for the first quarter ended March 31, 2018. The figure represents a...
Wind blades manufacturer TPI expands production partnership with Vestas in Tamaulipas
Arizona-based TPI Composites, an independent manufacturer of composite wind blades, announced that Danish wind turbines manufacturer Vestas Wind Systems A/S has exercised an option to add two more V136 blade manufacturing lines under an existing multiyear supply agreement. Now TPI will manufacture ...
Wind blades manufacturer TPI returns to profit ground after loss in second quarter
TPI Composites, an Arizona-based manufacturer of wind blades for the renewable energy industry, returned to profit ground by posting net income of US$ 9.5 million in the third quarter after a US$ 4.1 million loss in the previous period. However, its earnings are still 56.1% down compared to same qua...
X-ELIO first solar farm in Mexico is now fully operational
X-ELIO Energy, a Spain-based developer of photovoltaic plants on a global scale, announced that after twelve months of construction work and an investment of US$ 71 million, its first solar farm in Mexico is now fully operational.  Located in the state of Guanajuato, the facility has an output cap...
X-Elio US$71 million solar plant in Guanajuato close to completion
Spanish solar energy developer X-Elio invested US$71 million in the construction of a new 71 megawatt (MW) photovoltaic plant in Guanajuato. According to X-Elio, the project, whose construction is about to be done, is part of the company’s strategic plan for growth and investment in the country, ...
Zenith Energy partners with Cemex to distribute fuel in Mexican market
Zenith Energy, L.P., an international liquid and bulk terminaling company based in Calgary, announced that an agreement with one of the largest companies in Mexico to market and develop existing logistics assets for oil storage and distribution in Mexico to support the growing demand for oil product...
Zuma Energia inaugurates Mexico's largest wind farm in Reynosa
Mexican authorities and officials of Zuma Energia inaugurated the Reynosa wind farm, located in the border municipality of the same name, in the northern state of Tamaulipas. This facility, they say, is now the largest of its kind in Mexico and will be the largest in Latin America once it is fully o...
Zuma Energia secures funds for Mexico’s biggest wind farm project
Mexican renewable energy group Zuma Energia announced it has secured US$ 600 million to finance a wind farm project in Reynosa, Tamaulipas, set to be the largest in the country according to the company. The funds will be provided by three Mexican development banks, Banco Nacional de Obras y Servici...

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