3 GW of wind energy in Mexico by 2014

The cost of this expansion is expected to be around US$ 5 billion. The Mexican government supports the wind energy market, for example by allowing the tax-free import of components and tax incentives for depreciation.

The majority of the expansion will be concentrated on the federal state of Oaxaca, in which a number of Spanish companies intend to erect 14 wind farms. In these parks alone there will be a total capacity of 2,500 MW. There are, however, concerns that the Mexican electricity grid could have problems with the high proportion of wind energy.

Similar Entries

The Wind Turbine Market is set to grow from its current market value of more than $50 billion to over $70 billion by 2024; as reported in the latest study by Global Market Insights, Inc.

Energy Taiwan is the largest and most professional renewable energy trading platform in Taiwan

Energy Taiwan is jointly organized by the Taiwan External Trade Development Council (TAITRA) and SEMI. The event will take place from October 16-18, 2019 at the Nangang Exhibition Center Hall 1. The exhibition will feature four major energy themes, PV Taiwan, Wind Energy Taiwan, HFC Taiwan, and Smart Storage Taiwan. It is expected to attract more than 10,000 domestic and foreign buyers of related industries. Over 15 seminars will be organized during the exhibition. Energy Taiwan is the most important trading platform for renewable energy.

Thermal Energy Storage Market

Favorable government initiatives toward renewable energy based power generation along with increasing demand for uninterrupted power supply will augment the thermal energy storage market. In addition, increasing customer focus toward energy efficiency coupled with the implementation of energy storage plans will further complement the industry landscape.

Pict: Welink

Allianz Capital Partners on behalf of Allianz insurance companies has closed today the acquisition of the 46 MW Ourika project (“Ourika”) in Portugal. The solar farm is fully operational and has been developed by the WElink Group (“WElink”).