Long-term Power Purchase Agreements (PPA) signed with Delphi and Banamex for an overall amount of approx. 485 million U.S. dollars. The energy sold will come from the Dominica 100 MW wind farm that Enel Green Power will start building in coming months in the Mexican state of San Luis Potos
Continue readingTag Archives: México
Enel Green Power Sustainable Future in Mexico
Enel Green Power is investing in Mexico, which is an extremely promising market for the development of renewable energy, thanks to forward-thinking energy policy and high levels of production potential. At the end of 2012 the Mexican government and the country
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Alstom will supply 34 wind turbines to its first wind power project in Mexico
Alstom has been awarded a contract with ENEL Green Power Mexico for the supply and commissioning of 34 wind turbines at the new Sureste I–Stage II power generation plant in the Tehuantepec Isthmus, Oaxaca, Mexico. The project, awarded to ENEL by the Federal Electricity Commission under the “external energy producer” scheme, is the first wind … Continue reading Alstom will supply 34 wind turbines to its first wind power project in Mexico
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Comsa Emte wins wind farm contract in Mexico
Spain’s Comsa Emte said it would join Iberdrola in completing the electrical work for a wind farm being developed by Gamesa in Mexico. The contract is Comsa Emte’s first for a renewable energy facility in Mexico. The 234 MW wind farm is located in Juchitan de Zaragoza, a city in the southern state of Oaxaca, … Continue reading Comsa Emte wins wind farm contract in Mexico
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Wind energy in Mexico: wind farm in Nuevo Leon
Eolica Santa Catarina said its $51 million wind farm in the northern Mexican state of Nuevo Leon started operating. The wind farm uses state-of-the-art General Electric turbines. The wind farm will supply electricity to six cities, including the industrial center of Monterrey, in Nuevo Leon, providing annual fuel savings of 15 million pesos ($1.13 million). … Continue reading Wind energy in Mexico: wind farm in Nuevo Leon
Continue readingNew wind farm starts in Northern Mexico
Eolica Santa Catarina said its $51 million wind farm in the northern Mexican state of Nuevo Leon started operating. The wind power plant, which has the capacity to generate 45 GW annually of electricity, uses state-of-the-art General Electric wind turbines. The wind farm will supply electricity to six cities, including the industrial center of Monterrey, … Continue reading New wind farm starts in Northern Mexico
Continue readingEnel Green Power signs loan agreement with BBVA in Mexico
Through its subsidiary Inelec, Enel Green Power, has concluded an agreement with Banco Bilbao Vizcaya Argentaria Bancomer (BBVA) for a 100 million US dollar loan aimed at partially covering its planned investments in the Mexican state of Oaxaca. The 5-year loan will be disbursed by 2013 at an interest rate in line with the market … Continue reading Enel Green Power signs loan agreement with BBVA in Mexico
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Martifer Solar to Build Latin America
Martifer Solar, a subsidiary of Martifer SGPS, is building a 30 MW photovoltaic plant in Mexico, the largest to date in Latin America. The company is responsible for the EPC (engineering, procurement and construction) services of the plant and will also provide the Operation and Maintenance (O&M) services upon completion. The project will be funded … Continue reading Martifer Solar to Build Latin America
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Vestas receives 155 MW order in Mexico for IEnova
The project consists of 47 V112-3.3 MW – one of Vestas’ newly launched 3 MW product variants – which will be installed in the state of Baja California, Mexico. Turbines delivery will start in the third quarter of 2014, and the wind power plant is expected to be commissioned in the first quarter of 2015. … Continue reading Vestas receives 155 MW order in Mexico for IEnova
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Delay of Vestas contract in Mexico
Today, there is information in the market that the installation of the 396 MW Mareña Renovables project in Mexico (ref. company announcement No. 14/2012 of 12 March 2012) has been delayed. Vestas can confirm that access to the project sites has continued to be impacted by minority opposition groups, which has caused significant delays in … Continue reading Delay of Vestas contract in Mexico
Continue readingRenovalia Reserve investment platform expands with the addition of two onshore wind power plants in Mexico
The First Reserve Energy Infrastructure Fund (FREIF I) of First Reserve, the largest global private equity firm exclusively focused on energy, and Renovalia Energy, one of the largest renewable energy developers and Independent Power Producers, today announced the expansion of their Renovalia Reserve joint venture with the addition of two wind power plants in Southern … Continue reading Renovalia Reserve investment platform expands with the addition of two onshore wind power plants in Mexico
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Acciona wins Project Finance Magazine Deal of the Year prize for innovative wind farm project bonds
The prize recognises ACCIONA’s pioneering use of project bonds to finance wind farms in Mexico. The placement with institutional investors potentially opens up a new market for the long-term finance of sustainable energy projects in Latin America. ACCIONA, a global renewable energy, infrastructure and water services group, has been awarded one of Project Finance Magazine’s … Continue reading Acciona wins Project Finance Magazine Deal of the Year prize for innovative wind farm project bonds
Continue readingGas Natural Fenosa to build its first wind farm in Mexico
Gas Natural Fenosa has started construction of a wind farm in the southern Mexican state of Oaxaca, the company’s first facility of this type in Latin America, executives told Efe. The wind farm, which will have 234 MW of installed generating capacity, is expected to be finished in 2014. The wind power plant will be … Continue reading Gas Natural Fenosa to build its first wind farm in Mexico
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Mexico
Mexico’s photovoltaic capacity could treble this year driven by the richest households and the first large-scale plants, according to the head of its solar lobbying group. Solar installations will at least double to 60 megawatts from 30 megawatts operating now and may treble if state-owned utility Comision Federal de Electricidad calls a tender for more … Continue reading Mexico
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Vestas: Wind energy industry offers growth potential for Latin America
Wind power has tremendous potential for growth in Latin America, where demand for renewable energy is high in Central America and the Caribbean, while Mexico has a favorable political environment for the industry, the Mexico manager for Danish wind power company Vestas, Adrian Katzew, told Efe. “We have potential in the market, with many attractive … Continue reading Vestas: Wind energy industry offers growth potential for Latin America
Continue readingSoriana Bets on Wind Energy
Financing closes on 54-MW wind park in Tamaulipas Monterrey, N.L. – Organización Soriana, who with the Mexican company GEMEX and Swiss investor Grupo ECOS have formed the company Compañía Eólica de Tamaulipas S.A. de C.V. (CETSA), announce the closing of financing for the construction of its first wind energy project on the farm cooperative known … Continue reading Soriana Bets on Wind Energy
Continue readingNorth American Development Bank and Soriana Move Forward on Wind Energy
Organización Soriana, who with the Mexican company GEMEX and Swiss investor Grupo ECOS have formed the company Compañía Eólica de Tamaulipas S.A. de C.V. (CETSA), announce the closing of financing for the construction of its first wind energy project on the farm cooperative known as Ejido El Porvenir in Reynosa, Tamaulipas. The North American Development … Continue reading North American Development Bank and Soriana Move Forward on Wind Energy
Continue readingMitsui to invest in Mexican wind energy plant business
Trading house Mitsui & Co. said Wednesday it will invest in a wind power project in Mexico involving France’s EDF Energies Nouvelles S.A. to bolster its renewable energy business. Under An Agreement With A Local Subsidiary Of Edf Energies Nouvelles, Mitsui Will Buy A 50 Percent Stake For An Undisclosed Amount In Eoliatec Del Istmo … Continue reading Mitsui to invest in Mexican wind energy plant business
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Vestas receives 54 MW wind energy order in Mexico
Vestas has received a 54 MW order for 30 units of the V100-1.8 MW wind turbine in Mexico. The contract comprises delivery, transportation, installation and commissioning of the turbines, a VestasOnline® Business SCADA system as well as a 15-year service and availability agreement. Delivery of the turbines is scheduled for the second quarter of 2013 … Continue reading Vestas receives 54 MW wind energy order in Mexico
Continue readingEnel Green Power signs loan agreement with idb for a wind farm in Mexico
According to the agreement finalized with the Inter-American Development Bank (IDB), the latter will provide a loan of 988 million Mexican pesos (equivalent to approximately 76 million US dollars) for Bii Nee Stipa II wind farm. Enel Green Power S.p.A. (“Enel Green Power”), acting through its subsidiary Impulsora Nacional de Electricidad S. de R.L. de … Continue reading Enel Green Power signs loan agreement with idb for a wind farm in Mexico
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