ees 2019
27 November 2017 2017 10:15 AM GMT

Enel Wins Big In Mexico Again. Will Build 593 MW Wind Capacity Following Tender

Enel S.p.A. (“Enel”), acting through its renewable energy subsidiary Enel Rinnovabile S.A. de C.V. (“ERinnovabile”), has been awarded the right to sign a number of contracts in Mexico to supply energy and clean certificates with four wind projects for a total wind capacity of 593 MW in the country’s third long-term public tender since its energy reform. The award follows Enel’s success in the two previous tenders, once again confirming its position as the largest renewable player in Mexico in terms of installed capacity and project portfolio.

“We are thrilled about yet another great success in Mexico, a core market for us, and we are proud to confirm our leadership in the country’s renewables arena” said Antonio Cammisecra, Head of Enel’s Global Renewable Energies Division Enel Green Power. “Through this important win, we will significantly contribute to the country’s demand for electricity from renewable sources. This is just another step of our strategy in the country that we will implement through organic growth as well as through the ‘build, sell and operate’ model that enables us to leverage on our global pipeline, accelerating our growth worldwide.”

The Enel Group will be investing around 700 million US dollars in the construction of the new facilities, in line with the investments outlined in the company’s current Strategic Plan. Each project will be supported by a contract providing for the sale to Mexico’s Cámara de Compensación1 of specified volumes of energy over a 15-year period and of the related clean certificates over a 20-year period.

The new plants are due to enter into operation in the first half of 2020. Once fully operational, the facilities are expected to produce 2.09 TWh/year of renewable energy, therefore avoiding the annual emission of nearly 960,000 tonnes of CO2 into the atmosphere.

Three plants, Amistad II and Amistad III with a total installed capacity of 100 MW each, and Amistad IV with an installed capacity of 149 MW, will be built in Acuña, in the northern State of Coahuila. Amistad II and III are expected to generate annually over 350 GWh each while avoiding the emission into the atmosphere of around 170,000 tonnes of CO2 each. Amistad IV is expected to generate more than 510 GWh per year, while avoiding the annual emission of around 234,000 tonnes of CO2 into the atmosphere. The 244 MW Dolores facility will be built in China, a municipality in the northeastern State of Nuevo León. The plant is expected to generate nearly 850 GWh each year, while avoiding the annual emission of nearly 390,000 tonnes of CO2 into the atmosphere.

The Enel Group is the largest renewable energy operator in Mexico in terms of installed capacity and project portfolio. The Group currently operates 728 MW, of which 675 MW come from wind and 53 MW from hydropower. It is currently building in the State of Coahuila the 754 MW Villanueva solar project, which is the largest PV facility under construction in the Americas and Enel’s largest solar project worldwide, the 200 MW Amistad wind farm, also in the State of Coahuila, and the 238 MW Don José PV project in the State of Guanajuato. The Group will also build the 93 MW Salitrillos wind project in the state of Tamaulipas.

Enel Green Power, the renewable energies division of the Enel Group, is dedicated to the development and operation of renewables in 24 countries, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of around 40 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants.

Photo: Courtesy of Enel Green Power

January 30th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

November 19th 2018
US: EIA Data Shows Renewables Outpacing Nuclear Power In Electrical Generation

The latest data from the U.S. Energy Information Administration (EIA) is showing that electrical generation by renewable sources has edged past nuclear power. Additionally, wind and solar now provide 10% of the nation’s electricity, overall; with solar alone surpassing biomass and geothermal combined. Significantly, solar now triples electrical generation by oil. In addition, the data reveals that solar and wind both showed strong growth with solar (i.e., utility-scale + distributed PV) expanding by 27.6% and wind by 11.2%. Combined, they accounted for nearly a tenth of the nation’s electrical generation.

January 25th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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