NewEnergyNews: BIG WIND OPPORTUNITY IN MEXICO

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    Friday, November 08, 2013

    BIG WIND OPPORTUNITY IN MEXICO

    Despite 'Steep Learning Curve,' Wind Developer Poised To Pounce In Mexico

    Mark Del Franco, October 219, 2013 North Ameican Windpower)

    “The Mexico wind market has constraints, but it also holds plenty of promise. And thanks to recent improvements in transmission capacity and a show of support from the current government, wind developers, such as Mexico Power Group (MPG), aim to capitalize…[T]he company, which spun off from San Diego-based Cannon Power Group in 2011, is planning 1 GW in seven Mexican states and looking for agreements in four others…[In Mexico,] developers can either sell all wind farm output to [the state-owned utility company, CFE] under independent power producer procurement contracts or build and operate wind facilities…[for] self-supply energy…Most of the wind capacity installed or under development in Mexico falls under the self-supply regime…[T]he Mexican government estimates the country’s wind power potential at 11 GW for sites with capacity factors exceeding 30%. However, wind development in the country can be fraught with pitfalls…” click here for more

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