Mexico plans to power up the first phase of a huge solar energy project in April near a beach town popular with tourists making the short drive from the United States PUERTO PEÑASCO, Mexico : Mexico was pushed to accelerate its turn toward renewable energy after Russia’s invasion of Ukraine last year drove a sharp […]
Mexico plans to ask US for up to $48B for solar projects – EQ Mag
MEXICO CITY : Mexico plans to ask U.S. President Joe Biden for as much as $48 billion in financing for solar projects, Foreign Relations Secretary Marcel Ebrard said Tuesday. Ebrard said the request will be presented to Biden at the upcoming Jan. 9-10 meeting of U.S., Canadian and Mexican leaders in Mexico City. Mexico hopes […]
ATLAS RENEWABLE ENERGY’S LA PIMIENTA IS FULLY OPERATIONAL AND BECOMES MEXICO’S SECOND LARGEST SOLAR PLANT TO DATE – EQ Mag
Atlas Renewable Energy’s La Pimienta Solar Plant is fully operational, making it the second largest solar plant in Mexico to date. The plant will generate 789 GWh a year, and will supply the state-owned utility, Federal Electric Commission (CFE), with clean energy for the next 15 years. MEXICO CITY : Atlas Renewable Energy, an international […]
US, Mexico to cooperate on semiconductors, electric vehicles – EQ Mag Pro
MEXICO CITY (AP) : Mexico and the United States plan to take advantage of the Biden administration’s massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationalized lithium industry, officials from both countries said Monday Both efforts seek to eat […]
U.S. to spend more than $500 billion on climate over a decade under three laws, study says – EQ Mag Pro
MEXICO CITY : Controversial energy reforms have stalled alternative energy projects in Mexico, prompting companies to cut carbon emissions while avoiding fighting Mexican regulators. We are increasingly looking to small renewable options that allow us to reduce our volume. Solar companies and energy analysts say there is an unprecedented surge in distributed generation (DG) solar […]
As Mexico stalls major solar projects, companies turn to smaller workarounds – EQ Mag Pro
However, for many companies, DG projects are the best option as they do not require a power permit and can take only weeks to obtain approval, compared to months or years for utility-scale projects. Analysts say they don’t expect DG’s regulations to change anytime soon, but that trend is likely to continue, at least for […]
Mexico agrees to expand climate goals by 2022, foreign minister says
Mexico’s Foreign Ministry said Lopez Obrador’s government will work closely with the United States to accelerate the deployment of renewable energy in Mexico, including wind, solar, geothermal and hydroelectric power, to strengthen its commitments under the Paris Agreement. Mexico, the second-largest greenhouse gas emitter in Latin America, has faced criticism over its current policies. Mexico […]
Mexico suffers another day of rolling blackouts due to storm in Texas
The export-oriented National Council of the Maquiladora Industry said hundreds of plants perhaps as many as 1,600 were shutting down due to the lack of power Freezing weather in Texas led to a chain of events that left almost 5 million households and businesses in northern Mexico without power Mexican authorities announced Tuesday that rolling […]
IEA launches global group to tackle fallout from energy transition
Birol said he was optimistic the new U.S. administration would join other major economies in committing to a net zero emissions target by mid-century. President Biden has temporarily suspended the issuing of permits for oil and gas drilling in federal acreage, reversing the direction taken by his predecessor Donald Trump who had sought to maximise […]
Mexico to investigate officials over electricity contracts
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 […]