Mexico’s renewables market is likely to be weaker in the 2020s than previously expected due to changes under President Andrés Manuel López Obrador. AUSTIN: Mexico will fall short of its 35 percent clean energy target for 2024 due to unfavorable policy changes made under President Andrés Manuel López Obrador, Wood Mackenzie predicts. AMLO, as the […]
EDF Renewables Mexico Announces Commercial Operation of Bluemex Power 1 Solar Project
Operational status marks the completion of the Company’s first solar project in Mexico MEXICO CITY: EDF Renewables Mexico today announced the 119.6 megawatt peak (MWp) Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules supplied by […]
Ingeteam secures its leadership position in the wind and PV markets in Mexico
Once again, Ingeteam is to take part in the most important wind power event in Mexico: Mexico WindPower 2019, to be held on the 20th and 21st March at the Banamex Centre in Mexico City. At booth 412, Ingeteam is set to present its latest developments in predictive maintenance through its Ingeboards data analysis platform […]
ENGIE and Tokyo Gas to establish renewables joint-venture company in Mexico
ENGIE and Tokyo Gas Co Ltd announced their intention to invest in Heolios EnTG, a 50/50 joint-venture company to develop renewable energy projects in Mexico. Heolios EnTG follows the successful and long-lasting relationship between Tokyo Gas and ENGIE which dates back to 1983. Heolios EnTG will develop, finance, construct, own, operate and maintain six renewable […]
Tokyo Gas buys 50 pct stake in Engie’s renewable energy firm in Mexico
TOKYO: * Japan’s Tokyo Gas Co Ltd said on Monday it has agreed to buy for an undisclosed sum a 50 percent stake in Engie’s renewable company in Mexico that owns and operates six solar and wind power projects * The six projects with a total 899 megawatt (MW) power generation capacity were granted 15-year […]
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico For more information please see below link: Source: tokyo-gas.co.jp
Norway OKs wealth fund investments in unlisted green energy
Currently 66.3 percent of the fund is invested in shares, 30.7 percent in bonds, and three percent in real estate. Oslo: Norway’s sovereign wealth fund, the world’s biggest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind farms and solar parks, the government said […]
Sprng buys Shapoorji Pallonji’s solar assets
Actis’ renewable energy arm buys 194MW of solar assets for $200 million With this deal, the total operating and under construction capacity of Sprng will increase to 1.65GW NEW DELHI: Global private equity fund Actis Llp’s renewable energy platform Sprng Energy on Friday acquired 194 megawatts (MW) of Shapoorji Pallonji group’s solar assets for an […]
Industry Stunned as Mexico Cancels Clean Power Auction
A new president looks to hand the market back to state-owned entities. Mexico’s renewables sector is reeling from the cancellation of an upcoming clean energy auction and the likely handing of power back to state entities. The auction was due to take place last December, but was placed under review after a new government, led […]