NewEnergyNews: $2 Bil, 10 Project Buy For Mexico

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    Founding Editor Herman K. Trabish

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  • TODAY AT NewEnergyNews, September 25:

  • TODAY’S STUDY: Getting The System Ready For Distributed Energy
  • QUICK NEWS, September 25: Survey Shows How Millennials Act On Climate Change; Why Big Buyers Want New Energy; Wind Works, DOE Study Concludes

    Friday, July 14, 2017

    $2 Bil, 10 Project Buy For Mexico

    Mexican firm invests in solar, wind energy; Thermion Energy will spend US $2 billion on 10 projects

    July 8, 2017 (Mexico Daily News)

    “Mexico-based Thermion Energy is planning to invest US $2 billion in 10 renewable energy projects during the next three to five years…[T]he 10 projects amount to a power generation capacity of 1.2 gigawatts, which could increase to 1.7…The projects will be in the states of Coahuila, Guanajuato, Nuevo León, Sonora and Tamaulipas…[E]ight would be wind farms and the other two will be solar arrays…[A]n average of $200 million would be invested in each of the eight wind farms…[to supply] industrial and commercial firms…[The investment will] allow the power generation and distribution company to consolidate and continue growing, as the opportunities in the renewables market are large: projections indicate that during the next few years the market will represent $182 billion…” click here for more

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