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
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
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

April 28, 2022
Aerospace Industry in Queretaro
Queretaro aerospace companies seek to gain 10% of the supply market in Mexico
The Tier 1 and OEM companies attached to the Aeroclúster de Querétaro seek to obtain 10% of their supply in the region in five years, anticipated […]
April 6, 2022
FreightCar America says moving production to Mexico is paying off
FreightCar America Inc. said its business is booming since it moved production to Mexico. The Chicago rail car company (Nasdaq: RAIL) announced in September 2020 that […]
March 10, 2022
What Is Going On in Mexico’s Aerospace Sector?
What Is Going On in Mexico’s Aerospace Sector?
For the past two years, Mexico’s aerospace and aviation sectors have focused on recovering from economic losses caused by the COVID-19 pandemic. Now, the industry has […]
March 10, 2022
Mexico exceeded 31,600 million dollars of foreign direct investment in 2021
Mexico exceeded 31,600 million dollars of foreign direct investment in 2021
The figure is the product of the difference of 45,084.9 million dollars registered as inflows and 13,473.7 million dollars in outflows, the SE specified. “The reported […]
February 25, 2022
Baldwin Partners with Blutec S.A. de C.V. to Serve Mexico’s Textile Industry
Baldwin Partners with Blutec S.A. de C.V. to Serve Mexico’s Textile Industry
ST. LOUIS — Feb. 9, 2022 — Baldwin Technology Company Inc. has forged a new partnership with Blutec S.A. de C.V., which now represents Baldwin’s full […]
February 4, 2022
Automotive Industry in Mexico
Bosch Mexico announces expansion in American Industries’ Aerotech Industrial Park
QUERETARO – Bosch Mexico will expand the capacity of its Queretaro plant, dedicated to the manufacture of automotive technology. The plan includes installing new high-tech production […]