ReVolve Renewable Power signs land lease for 300 MW wind project in Mexico
ReVolve Renewable Power has signed a land option agreement with private landowners for an additional 10,500 hectares adjacent to the 400 MW Presa Nueva wind project located in the state of Nuevo Leon in northeast Mexico.
The additional area is planned for a supplementary 300 MW capacity as the Phase III of the Presa Nueva wind project. Phase III will allow the company to incorporate other technologies such as battery storage and green hydrogen production.
ReVolve intends to commence the construction of Phase III in 2025.
Country news
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February 19, 2021
Macquarie raises EUR1.6 billion for Renewable Energy Fund
Macquarie Infrastructure and Real Assets (MIRA) has raised more than EUR1.6 billion (USD1.93 billion) for investment in renewable energy with the final close of Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2) – exceeding its initial minimum fundraising target of EUR1 billion (USD1.2 billion).
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February 19, 2020
Engie to develop 553 MW of solar in Mexico
Engie has confirmed the investment in a pair of solar projects totaling 553 MW it plans to develop in Mexican state of Tlaxcala. Specifically, the company will initially invest US$183 million in 253 MW Nueva Xcala solar farm to be installed in the city of Calpulalpan and 300 MW Angel 2 PV project in Tlaxco.
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November 19, 2019
Canadian Solar sells 49% in 370 MW solar portfolio in Mexico
Canadian Solar Inc. has sold 49% interest in three solar photovoltaic projects in Mexico totaling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO) and Sprott Korea, a leading fund manager.
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October 14, 2019
Builders selected for 296MW solar project in Mexico
Prodiel and Power China have been selected by Fotowatio Renewable Ventures (FRV) to build its second solar energy facility, Potrero Solar, with a capacity of 296 MW, in Mexico. The project will be located in Lagos de Moreno, in the state of Jalisco, and construction is set to begin in October 2019 on a site measuring 640 hectares.
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October 07, 2019
600 MW renewable portfolio in Mexico reaches operation
Cubico Sustainable Investments (Cubico), a global investor in renewable energy, backed by two of Canada’s largest pension funds, has announced that it has reached operations on a 600 MW renewable portfolio in Mexico.
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