Invenergy Unveils Ambitious Plans for Energy Generation in Mexico
By Karin Dilge | Journalist and Industry Analyst -
Thu, 10/26/2023 - 11:15
The US company Invenergy is preparing 10 energy generation projects in the coming years, in addition to the five it is currently developing, according to Jonathan Pinzón, Senior Vice President of Government and International Regulatory Affairs for the company. One of these projects involves an on-site cogeneration plant and another aims at supplying electricity to industries, Pinzón mentioned in a meeting with the media, although he did not disclose the investment amounts that will be allocated.
Among the projects already underway is the "La Toba" solar plant located in Baja California Sur, which has been in operation for a year and features a battery system that can provide energy during the night. "La Toba covers 3% of the demand in Baja California Sur, which is equivalent to providing power to 30,000 homes in the state," emphasized the executive. The plant has the capacity to inject 35MW into the national transmission grid and operates in coordination with an energy storage system, effectively functioning as a single unit.
Invenergy is a global leader in sustainable energy solutions. The company develops, builds, and operates a wide range of renewable and clean energy projects, including wind, solar, and natural gas power generation. The company is known for its innovation and commitment to creating a sustainable energy future.
Moreover, Pinzón mentioned that to meet Mexico's electricity demand, the country needs an additional 9GW in storage systems over the next 15 years, requiring regulatory updates to incentivize this industry.
"The major regulatory challenge for the industry is to allow these schemes; we want to help stimulate regulations for storage," he said. Pinzón considered that such projects are essential to address the expected increase in electricity demand due to the relocation of investments in Mexico as a result of nearshoring.
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