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News Article

GreenPeace Achieves Another Suspension Against Energy Plans

By Cas Biekmann | Thu, 09/10/2020 - 17:08

Environmental NGO Greenpeace has achieved another suspension, this time against the Ministry of Energy’s PROSENER sector plan 2020-2024. Enel Green Power has finished its turbine installation at the 274MW Dolores wind farm and the government has published details about its private sector investment plan for infrastructure. In international news, Trina Solar is showing strong recovery in its profits, BP invests in offshore wind and Mitsubishi bets on green hydrogen.

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Mexico

GreenPeace Once Again Achieves Suspension Against Energy Plans

Environment-focused NGO Greenpeace obtained another suspension against recent energy regulation from Mexico’s federal government, reported El Economista. Greenpeace invoked an amparo, a legal protection document, against the implementation of the Energy Sector Program (PROSENER) 2020-2024, as published by SENER. Earlier this year, the NGO managed to get other regulations from SENER suspended.

 

Huexca Thermoelectric Plant to be Completed 

President López Obrador announced the government's decision to restart construction and complete a thermoelectric plant in Huexca, Morelos. It is aimed to become operational at the end of 2020. CFE will operate the project, worth MX$20 billion (US$94 million).

 

Enel Finishes Installing Turbines at 274MW Dolores Wind Farm

Italian green energy giant Enel Green Power has finalized the installation of wind turbines at its 274MW Dolores wind farm in Nuevo Leon. The farm was secured by Enel in Mexico’s third long-term energy auction in 2017. It has 83 turbines and it is expected to generate 938GWh per year, offsetting around 525,000 tons of yearly CO2 emissions. The wind farm represents an investment of US$290 million.

 

Government Publishes Details of Private Sector Investment Plan

President Andrés Manuel López Obrador’s infrastructure plan has been revealed in a report by the Ministry of Finance and Public Credit (SHCP). “It is a matter of agreeing on this plan. I hope that this will be announced before Sept. 15,” said the president. In recent weeks, the government identified in which sectors private companies would want to invest and boost Mexico’s economic development. In the document, a portfolio of 168 infrastructure projects have been outlined. Most of these projects are related to communication and transportation infrastructure. SHCP included an additional list of 25 energy projects in the document. According to the document, the energy sector has a potential for MX$452 billion (US$21 billion) in investments.

 

International

Trina Solar Boasts 245.8 Percent Uptake in Profits in 1H20

The Chinese solar module manufacturer shows an impressive increase in profits compared to the same period last year as sales increased significantly. According to Renewables Now, Trina Solar exported 5.84GW of modules in the past half of the year, which was 37 percent more than last year.

 

BP and Equinor Partner to Tackle US Offshore Wind Market

British Petroleum is working hard to keep its promise to go net-zero in terms of emissions by 2050. In a partnership with Equinor, BP will pay US$1.1 billion for a 50 percent stake in the former company’s offshore wind projects in New York and New England.

 

Mitsubishi Power Offers Green Hydrogen Integration Packages

Mitsubishi’s Green Hydrogen Integration Packages can be used to balance power output and facilitate energy storage. These represent a significant investment for the power generation and storage giant at US$3 billion, reported Renewables Now. The investment is used to construct two earlier announced hydrogen projects, and will provide green hydrogen storage for three further projects.

The data used in this article was sourced from:  
Renewables Now, GreenTech Media, El Financiero
Cas Biekmann Cas Biekmann Journalist and Industry Analyst