Mexico

Grupo Greening secures a US$34 million green loan for solar project in Mexico

February 29, 2024

Grupo Greening 2022 SA secured a US$34.7 million green loan from Banco Santander to help fund the development of a 41.9 MW distributed generation solar project in Mexico. Source: Renewables Now 

ENEE partners with Geokeri for geothermal energy feasibility study in Honduras

February 15, 2024

Honduras’ state-owned power company, ENEE, has partnered with Mexican consulting firm Geokeri to conduct the final stage of a feasibility study for geothermal energy production in Choluteca. Source: ThinkGeoEnergy

IFC backs Banco Santander Mexico with US$93 million credit guarantee for SME financing

February 1, 2024

The IFC announced a credit guarantee of US$93 million for Banco Santander Mexico, facilitating increased resources for financing small and medium-sized businesses (SMEs) in the country. Source: IFC

Swiss cement company, Holcim, is set to launch first Latam H2 project in Mexico

December 21, 2023

Swiss cement company, Holcim will launch its first Latin American green hydrogen project in Mexico. The project is part of the company’s efforts to reach net-zero emission goals. They also plan to explore the possibility of another project elsewhere in the region. Source: BNAmericas

Cemex and Swiss solar fuels developer, Synhelion, team up to build a solar-powered industrial cement plant

August 17, 2023

Cemex and Synhelion are working together to build a solar-powered pilot cement plant. The project garnered attention from the US Department of Energy, which awarded them US$ 3.2 million for their research. Source: Renewables Now

Hy2gen to build 200 MW green ammonia plant in Mexico

July 19, 2023

Hy2gen, a German green hydrogen project developer, plans to build a 200 MW green ammonia plant in Mexico. Source: Renewables Now 

Sonnedix and Cox Energy America launch operations at a 160 MW solar park in Chile

July 6, 2023

Sonnedix, and its joint venture partner Cox Energy America, have launched operations at the 160 MW Sonnedix Meseta de Los Andes solar park in Chile. Source: Renewables Now 

Mexico’s state-run lithium company examines the possibility of geothermal extraction of the white metal

June 23, 2023

Mexico’s state-run lithium company is exploring the potential of geothermal extraction of the white metal, which will complement the primary method of extraction from clay-based deposits. Source: Reuters

Mexico’s president launched the first phase of the solar-plus-storage power plant in the state of Sonora

March 2, 2023

Mexico’s president launched the first phase of the Puerto Penasco solar-plus-storage power plant in the Mexican state of Sonora. The project is expected to grow to 1,000 MW of solar capacity with 192 MW of batteries. Source: Renewables Now