- Attention hours from Mon to Fri 9:00 - 18:00 CST - US Toll Free
- 1 877 698 3905
- 800 247 2537
- start@americanindustriesgroup.com
Mexico’s solar and nuclear plans begin to take shape
Mexican public utility CFE aims to advance plans to build alternative energy sources, including a nuclear plant and a large solar generator.
During her latest appearance before congress, energy minister Rocío Nahle said CFE and the administration were working to start construction on the Puerto Peñasco solar park in Sonora state in 2022.
The project has been highly controversial, as experts doubted the company’s capacity to undertake the permitting process fast enough to meet the expected end-2023 delivery deadline.
But CFE and Sonora state are only missing the detailed engineering work for the project’s 150MW first stage while everything else is ready for deployment, Nahle said. Originally, it was planned to contract construction to the private sector, but it is now unclear how the project will be financed or built.
A tender announced in July by governor Alfonso Durazo has failed to materialize. According to Durazo, at least 9bn pesos (US$428mn) will be directly invested by CFE.
The project was originally planned to involve a 1GW, US$1.68bn unit whose development was helmed by Sonora state. According to Nahle, it is now an initially 150MW solar park for Sonora, to which 500MW will be added later, enabling partial supply to neighboring Baja California state.
Regarding nuclear energy, Nahle highlighted the energy ministry and nuclear research institute ININ are studying a new generation unit, either at the existing 682MW Laguna Verde plant in Veracruz or at a new location in Sonora.
After the location has been determined, the ministry would have to conduct basic engineering research for a project that could take six or seven years to build, Nahle said.
These projects would form part of a CFE investment plan that includes building six combined-cycle units, renewing construction of the Guaymas-El Oro and Tuxpan-Tula pipelines (175km in total), a US$4.85bn, longer-term initiative to grow nuclear, hydroelectric, wind and solar capacity, and a US$4.46bn overhaul of the company's transmission capacity.
Source: bnamericas.com
During her latest appearance before congress, energy minister Rocío Nahle said CFE and the administration were working to start construction on the Puerto Peñasco solar park in Sonora state in 2022.
The project has been highly controversial, as experts doubted the company’s capacity to undertake the permitting process fast enough to meet the expected end-2023 delivery deadline.
But CFE and Sonora state are only missing the detailed engineering work for the project’s 150MW first stage while everything else is ready for deployment, Nahle said. Originally, it was planned to contract construction to the private sector, but it is now unclear how the project will be financed or built.
A tender announced in July by governor Alfonso Durazo has failed to materialize. According to Durazo, at least 9bn pesos (US$428mn) will be directly invested by CFE.
The project was originally planned to involve a 1GW, US$1.68bn unit whose development was helmed by Sonora state. According to Nahle, it is now an initially 150MW solar park for Sonora, to which 500MW will be added later, enabling partial supply to neighboring Baja California state.
Regarding nuclear energy, Nahle highlighted the energy ministry and nuclear research institute ININ are studying a new generation unit, either at the existing 682MW Laguna Verde plant in Veracruz or at a new location in Sonora.
After the location has been determined, the ministry would have to conduct basic engineering research for a project that could take six or seven years to build, Nahle said.
These projects would form part of a CFE investment plan that includes building six combined-cycle units, renewing construction of the Guaymas-El Oro and Tuxpan-Tula pipelines (175km in total), a US$4.85bn, longer-term initiative to grow nuclear, hydroelectric, wind and solar capacity, and a US$4.46bn overhaul of the company's transmission capacity.
Source: bnamericas.com
If you would like to find out more about this topic or are interested in receiving a complimentary business case analysis for your operation in Mexico, please fill out this form or contact us at:
US toll-free: +1 (877) 698 3905
CAN toll-free: +1 (844) 422 4922
CN Toll-free: +1 (400) 076 8899
start@americanindustriesgroup.com
US toll-free: +1 (877) 698 3905
CAN toll-free: +1 (844) 422 4922
CN Toll-free: +1 (400) 076 8899
start@americanindustriesgroup.com
Please note that we do not accept job applications here. If you are interested in applying for a position, please visit the following link: https://www.americanindustriesgroup.com/jobs/
Related posts
March 20, 2023
TESLA, the global leading manufacturer of electric vehicles, will be investing over $5 billion USD and creating at least 5,000 new jobs, in what will be […]
February 28, 2023
GKN Aerospace laid the first stone for the expansion of its plant located in the state of Chihuahua, in which it will invest 10.5 million dollars […]
February 27, 2023
MEXICO – Nearshoring and foreign investment could bring a decade of economic growth to Mexico, according to Sociedad Financiera De Objeto Múltiple (Sofom) Serfimex Capital. In […]
January 31, 2023
Exports of heavy-duty cargo trucks to the U.S. helped propel truck makers in Mexico to their best year ever, as production increased 20.6% year over year […]
January 27, 2023
The production facility will create up to 1,300 additional jobs and represent a capital expenditure of approximately $165m. BRP has announced its plans to commence the […]
December 15, 2022
Production of the new BMW M2 began today at the San Luis Potosi plant in Mexico. The new BMW factory will exclusive manufacture the G87 M2 […]
