• Enel submitted four successful bids for wind power sites with the lowest reaching 17.70 USD/MWh.

Vestas  has entered into a conditional agreement with Zuma Energia to supply the V136-3.45 MW turbines for the Reynosa III project — with a total capacity of 443 MW in the state of Tamaulipas. The conditional agreement comprises supply, installation, and commissioning of the wind turbines, as well as a 15-year Active Output Management 5000…

Wärtsilä, a manufacturer of complete lifecycle equipment for the marine and energy markets, has signed a full scope, 10-year operations and maintenance (O&M) agreement with Central Generadora Electrica Huinala, S. De R.L. De C.V. for their Flexicycle power plant located near Monterrey, Mexico.

Strong policy frameworks in the Latin American countries of Brazil, Mexico, and Argentina have led to increased investment in renewable power over the past few years.

Gamesa, a technological leader in the worldwide wind industry, has received an order from developers Mexico Power Group and First Reserve for the turnkey construction of La Bufa, a 130-MW wind farm in Mexico, located in the state of Zacatecas, in Central Mexico. The company will install 65 of its G114-2.0 MW turbines. Given the…

Adding to its list of major alternative energy deals in Latin America, Milbank, Tweed, Hadley & McCloy LLP has represented Mexico Power Group (MPG) in two transactions related to the construction of a 130-MW La Bufa Wind Power Project in north-central Mexico. Upon completion, the power generated from La Bufa will be sold to Volkswagen…

The two firms have pledged to jointly foster technological and industrial development in Mexico in order to boost wind power generation

First Reserve, a global private equity and energy investment firm, has partnered with Mexico Power Group (MPG) to build the 130-MW La Bufa wind farm in Mexico. Upon completion, the wind farm will sell its generated power under a contracted off-take agreement to Volkswagen de México — helping the company meet its targeted renewable energy standards. The…

The Spanish company ACCIONA and the Mexican Federal Electricity Commission (CFE) have signed a memorandum of understanding to work together on electricity generation projects based on renewable energies in Mexico. ACCIONA President José Manuel Entrecanales and CFE Director-General Doctor Enrique Ochoa Reza were present at the signature ceremony. The memorandum has been signed within the…

Envision Energy recently acquired a controlling stake in a renewable portfolio of more than 600 MW originally developed by ViveEnergia of Mexico. As part of the agreement, Envision aims to commission its first wind farm by the end of 2016. “Mexico is one of the most promising markets in the Americas for wind-power generation in the coming decade, not…

The first U.S.-Mexico cross-border wind farm was recently inaugurated in Tecate, Baja California. Constructed on approximately 5,300 hectares (13,100 acres) of leased land near the city of Tecate, the project consisted of designing, building, and operating a wind farm with 47 wind turbines, each with a nominal capacity of 3.3. MW, as well as the construction…

Oak Creek Energy Systems, Inc., a developer of utility-scale wind energy projects, has completed the sale of the first two construction-ready stages of the Tres Mesas Wind Project, a 148.5-megawatt (MW) wind energy project in Tamaulipas, Mexico, to an affiliate of GS Infrastructure Partners (GSIP) and GBM Infraestructura (GBMI). The equity investment by GSIP and…

ACCIONA Windpower, the ACCIONA Group subsidiary that designs, manufactures, and markets wind turbines, will supply 43 three-megawatt (MW) turbines–with a total of 129 MW–to a renewable energy sector company for a wind farm in Mexico. With this contract, ACCIONA Windpower has now sold  988.5 MW in Mexico, of which 38% correspond to its 3-MW turbine.…

The 2014 Mexico Wind Performance Map, released by Vaisala, delivers positive news for much of southern Mexico where above-normal wind speeds boosted performance at many of the country’s operating wind projects. Conversely, wind speeds below the long-term average in Mexico’s interior negatively affected overall production at wind farms in that region. These departures from mean…