Mexico's Solar Capacity Grows to 10.5GW

Trina Solar has agreed to invest between US$700 million and US$1 billion in Nuevo Leon, although specific investment details and timelines are yet to be provided. Moreover, Mexico has reached an installed solar energy capacity of 10,479MW, with total investments exceeding US$11 billion, as reported by the Mexican Solar Energy Association (Asolmex).

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Trina Solar to Invest in Nuevo Leon

During an official visit to China, Nuevo Leon Governor Samuel Garcia held a meeting with Trina Solar executives, in which the company agreed to invest between US$700 million and US$1 billion in the state of Nuevo Leon. As part of his Asian tour to attract new investments to the state, García is embarking on an extensive journey through China and Japan.

US$11 Billion Investment Takes Solar to 10.5GW

The installed capacity of photovoltaic solar energy in the country has reached 10,479MW already in operation, including both large-scale installations and distributed generation systems, resulting in total investments of over US$11 billion, according to the Mexican Solar Energy Association (Asolmex).

United States Has a Strong Case Against Mexico's Energy Policies

The US government has a strong case against Mexico's energy policies and would win an arbitration panel, should the current consultations under the USMCA escalate, stated Vanessa Sciarra, Vice President of Trade and International Competition, American Clean Power Association (ACP). She made these remarks during the 13th Joint Energy Associations Congress in Mexico City, highlighting that there is substantial evidence, including public statements by Mexican government officials, acknowledging discrimination in their policies.

CRE Initiates 11 Sanction Procedures in Mexico

CRE greenlighted 11 administrative sanction procedures against an equal number of legal entities. In an extraordinary session, the governing body of the commission, under the leadership of Leopoldo Melchi García, unanimously voted to commence 10 sanction procedures related to hydrocarbons and one concerning electricity.

SEDENER Tamaulipas, CAMPETROL Sign Promotion Agreement

The Ministry of Energy Development (SEDENER) of the state of Tamaulipas and the Colombian Chamber of Oil, Gas, and Energy (CAMPETROL) pen an agreement to promote new energy and port infrastructure for the development of productive projects in the state.

Mexico's Clean Energy Delays Put Automotive Industry at Risk

Mexico's delay in clean energy adoption poses a risk to the development of the automotive industry, as companies have begun to adopt environmentally friendly systems. According to José Zozaya, Executive President, Mexican Association of the Automotive Industry (AMIA), if our country cannot ensure clean energy implementation, companies may look for other options.