Mexico

Mexico to add 200 MW solar PV in 2021

EDP Renovaveis S.A. (EDPR), the renewable energy arm of Portuguese power utility EDP, has secured a 15-year power purchase agreement with Mexican electricity trader Ammper Energia S.A.P.I. de C.V. The offtaker will buy power from the 200 MW Los Cuervos solar power plant that EDPR is building in the Mexican state of Aguascalientes. The installation […]

Mexico ranked sixth in the world for geothermal capacity

Mexico made the list of the top ten geothermal countries based on installed capacity. Coming in at 6th (just behind New Zealand), Mexico has 962.7 MW installed capacity.  Countries in the top ten include (in order): U.S., Indonesia, Phillippines, Turkey, New Zealand, Mexico, Italy, Kenya, Iceland, and Japan. Source

Another solar pipeline in Mexico secures multilateral backing

Energy company IEnova has secured funding for a large-scale, 376MW solar pipeline in Mexico, with support from the World Bank’s International Finance Corp. and the North American Development Bank. The development banks will contribute US$200 million in green loans for the pipeline, which includes the already-operational Pima Solar 110MW plant. This project represents U.S. subsidiary […]

Experimental solar PV park opens in Cuba

Cuba made progress toward its 2030 renewable energy goal with the recent opening of an experimental photovoltaic park in Havana. The park, part of a university Microelectronics Research Center, was the result of a group partnership between Cuba, German and Mexico. Source

Offshore drilling in Mexico will explore geothermal potential

A research vessel will be drilling off Guaymas, in the Gulf of California Mexico, to collect insights on the region’s geology and investigate its geothermal potential. The JOIDES Resolution, with team of thirty-three scientists will undertake this project. This drilling and data collection is part of the International Ocean Discovery Program’s marine research initiative.  “We’re going […]

Mexico announces tender for geothermal drilling and new information repository for geothermal projects

Geothermal energy is expanding in Mexico, with two announcements this week regarding the drilling of two wells for geothermal energy, and the upcoming development of a database on geothermal water resources in the country. CFE, Mexico’s state power utility announced a tender for the drilling of two wells in the Los Azufres geothermal project. These […]

Mexico publishes report outlining potential of geothermal and other renewables

Mexico’s Secretariat of Energy has published a report laying out the future of Mexico’s renewable energy sector, which includes a section on geothermal energy. The report, “Renewable Energy Technology Route Maps” identifies the challenges and obstacles the country faces to take full advantage of renewable energies by 2030. Mexico’s geothermal power capacity is estimated to […]

EU-Mexico geothermal research project shows progress in recent update report

An extensive update on the GEMex project was recently published. The report shows positive progress, going into detail into the main results of the geothermal energy research initiative since 2016. The GEMex project is a cooperation initiative between Mexico and the European Union which aims to share research, on-the-ground knowledge and technical expertise on geothermal […]

Mexico announces new US$50m program for geothermal development

Mexico announced a new geothermal risk transfer program aimed at reducing exploratory risk and financial barriers for developers. The program, developed by the Inter-American Development Bank through the Clean Technologies Fund with NAFIN, SENER, and INEEL has the objective of increasing geothermal electricity capacity in Mexico by easing several key barriers. The financing component of […]