Mexico announces transmission line PPP
Mexico Secretariat of Energy (SENER) and the Federal Electricity Commission (CFE) have announced the setting of the basis for the development of the transmission line "Línea de Transmisión de Corriente Directa de Alto Voltaje" on PPP model.
The project will have a transmission capacity of 3,000 MW and will run from Tehuantepec to the center of the country through a 1200 km circuit.
The procurement will be structured as an open competitive tender with national and international participation. The project is scheduled to be awarded in April 2017.
The "Línea de Transmisión de Corriente Directa de Alto Voltaje", with an estimated total investment around US$1200 million, will allow transmitting energy generated from renewable resources, while reducing power losses in transmission.
In early October, we reported that the Goverment of Mexico released the results of the second renewable energy auction of the country, with more than half of the total amount of energy awarded to solar PV projects.
A total of 66 companies qualified to bid in Mexico’s second power auction; 57 submitted offers and 23 were awarded contracts. A total of 8,909 GWh was awarded, of which 54% corresponds to photovoltaic plants and 43% to wind farms. The auction was highly competitive, with average price of renewables and clean energy certificates (CEL) declared at US$33.47/MWh, a 44.2% below the maximum price set by the CFE.
Country news
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October 14, 2016
Cubico Sustainable Investments wins 540 MW of PPAs for wind and solar PV projects in Mexico
Cubico Sustainable Investments has announced it has been awarded power purchase agreements (PPAs) in Mexico’s 2nd long-term electricity auction for the 250 MW Mezquite wind project and the 290 MW Solem solar PV project, representing a total investment of around US$700 million. Read more -
October 03, 2016
Winners announced for Mexico renewables auction
The Goverment of Mexico has released the results of the second renewable energy auction the country with more than half of the total amount of energy awarded to solar PV projects. Read more -
September 12, 2016
Ienova acquires wind park from Blackstone
Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has entered into a Purchase and Sale Agreement (PSA) for 100% of the equity interests in the Ventika I and Ventika II wind generation facilities, jointly Ventika, which is majority-owned by Blackstone Energy Partners and affiliated private equity funds and Fisterra Energy, a company owned by funds managed by Blackstone, along with certain minority shareholders. Read more -
August 09, 2016
Canadian Solar signs PPA in Mexico
Canadian Solar has signed a Power Purchase Agreement (PPA) for the 63 MWp solar power plant in Aguascalientes, Mexico with the Federal Electricity Commission (Comision Federal de Electricidad, "CFE"). Read more -
August 04, 2016
JinkoSolar signs three solar PPAs for its 188 MW projects in Mexico
JinkoSolar Holding Co., Ltd., a global leader in the solar PV industry, has announced that it had signed three power purchase agreements (PPAs) with Mexican government for the three projects totaling 188 MW. Read more
