MEXICO CITY: The Mexican government will investigate allegations that officials at state power firm the Comision Federal de Electricidad (CFE) signed fraudulent contracts with private energy companies, President Andres Manuel Lopez Obrador on Wednesday. The contracts were signed before the leftist president took office. He had already ordered formal complaints to be drawn up […]
Mexico to reply this week to Canada, EU worries over new electricity rules: minister
MEXICO CITY: Mexico will this week respond to Canadian and European Union concerns about its new electricity regulations, Energy Minister Rocio Nahle said on Monday, adding that the rule changes were designed to guarantee system reliability. Nahle was speaking on Mexican radio. The European Union and Canada on Friday both wrote letters to the […]
Solis Powers 4MWs of Solar for Walmart in Mexico
High-efficiency Solis 60kW advances retail giant’s green goals Zhejiang, China and Mexico City, Mexico: Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, has fitted eight new solar systems at Walmart stores across Mexico with a total installed capacity of 4MWs. Providing 99% efficiency, the high-performing Solis 60kW inverter delivers safe […]
Mexico’s Green Sovereign Bonds to Be Welcomed by Investors
Mexico will begin an investor roadshow on February 24 Investor appetite for higher-yielding green bonds is high Mexico’s debut in the green bond market may be well-received by investors hungry for environmentally and socially conscious debt. After Chile sold long-dated dollar- and euro-denominated green bonds paying a record low yield last month, Mexico will hold […]
Mexico’s President Vows to Review Subsidies for Wind, Solar
Mexican President Andres Manuel Lopez Obrador said authorities will review some government wind and solar contracts to determine if companies are improperly subsidized. “People were deceived for a long time by being told that subsidies for electric power were for consumers — but no,” Lopez Obrador said Wednesday during his daily press conference. “The biggest […]
Mexico’s Renewable Power Suppliers Face Risks Under Grid Proposal
Mexico’s Federal Electricity Commission is proposing to cancel some contracts and eliminate discounts on transmission costs for power generators to use its network, dealing the latest blow to Mexico’s budding private renewable energy market. CFE, as the state utility is known, is seeking to eliminate 50% discounts on transmission costs for so-called legacy permits granting […]
Mexico’s Clean Energy Sector Gets Court Win on Renewable Credits
Mexico’s clean energy industry was handed a big win on Thursday after a federal court reversed an earlier decision on a renewable credits rule change that critics said would have been damaging to the sector. After clean energy companies, including American power generator AES Corp. and Italian utility giant Enel SpA, filed for injunctions […]
Mexico’s Latest Hit to Energy Investors Upends Wind, Solar Aid
Mexico’s president is upending a system to encourage renewable-power development, dealing another blow to efforts to attract private investment to the nation’s energy sector. The government of Andres Manuel Lopez Obrador is changing rules for clean-energy credits, allowing aging hydroelectric dams operated by Mexico’s state-owned utility to qualify. The move, critics say, dilutes the value […]
JinkoSolar’s motion for summary determination of non-infringement will be granted by ITC JUDGE within two weeks
Jacksonville, Fla.: JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that the Administrative Law Judge (“ALJ”) in U.S. International Trade Commission Investigation No. 337-TA-1151 (“the 1151 Investigation”) issued an order indicating that JinkoSolar’s motion for summary determination of non-infringement will be […]
8 Countries (Besides the US) With Solar Under $25 per Megawatt-Hour
Around the world, solar power price records just keep on coming. One of the biggest U.S. solar stories of the summer was developer 8minute’s pricing record of $19.97 per megawatt-hour for a Los Angeles project. The project, which looks set to go ahead following initial union resistance, remains a relatively rare public example of sub-$25 […]
