Mexico - New Energy Events

Mexico’s CFE earmarks US$75.2 million for geothermal projects next year
September 21, 2022
Mexico’s national power company, CFE, is proritizing investment in geothermal. Geothermal projects are slated to receive about US$75.2 million in investments in 2023. Source: Think Geo Energy
Mexico issues sustainable bonds worth US$550 million in Japan
September 7, 2022
Mexico placed US$550 million worth of sustainable bonds in Japan, becoming the first Latin American country to place sustainable bonds in Japan. Source: Latin Finance
IDB Invest sold US$124 million worth of three-year social bonds in Mexico
September 7, 2022
IDB Invest sold US$124 million worth of three-year social bonds in the Mexican market. They will use the proceeds to fund loans for small businesses in LAC. Source: Latin Finance
Brazil, Colombia, and Mexico are leading Latin America in promoting sustainable finance
September 7, 2022
According to the IFC, based on a report by the Sustainable Banking Network (SBN), Brazil, Colombia, and Mexico are leading the way in promoting sustainable finance in the Latin American region. Source: America Economia
Mexican grid operator reports droughts not affecting Mexico’s hydro plant supply
August 24, 2022
According to Mexico’s electricity grid operator, droughts are not affecting the supply from hydro plants in Mexico . Source: BNAmericas
Mexico has the potential to be a major global hydrogen producer
August 24, 2022
According to GIZ, Mexico has the potential to be one of the most important global hydrogen producers due to its geographical location and lower production costs, among other advantages. Source: El Sol de Mexico
Nafin expects to raise US$245 million by issuing social bonds in the local market
August 10, 2022
Nafin, the Mexican development bank, plans to raise US$245 million through a three-part sale of social bonds in the local market. Source: Latin Finance
Guadalajara aims for the largest green hydrogen production plant in the world
July 27, 2022
Guadalajara has set its sights on the largest green hydrogen production plant in the world. The American company, Cummins, has acquired land on the “El Ruiseñor” industrial estate. Cummins will invest US$51 million into the project and will collaborate with Iberdrola on the build. Source: Ideal ES
POSCO International Corp. started construction on an EV parts plant in Mexico
July 13, 2022
POSCO International Corp began construction of an electric vehicle (EV) parts plant in Mexico to expand its EV-related business. Source: En.yna