In 2015, Mexico enacted the Energy Transition Law to regulate the sustainable use of energy and obligations regarding clean energy and the reduction of pollution from the power industry, while preserving the competitiveness of the productive sectors. The law specifies, among other provisions, that the Mexican Ministry of Energy (SENER), in coordination with the Mexican Electricity Commission (CFE) and the Mexican Energy Regulatory Commission (CRE), must increase the use of clean technologies in power generation to at least 35% by 2024.
The project consists of designing, constructing and operating a 117-MW wind farm on approximately 8,186 acres of privately-owned land. The project components include the installation of approximately 27 wind turbines and construction of a substation to collect the energy through overhead cables. The collector substation will step up the energy to 230 kV. A 230-kV overhead transmission line will be built to convey the electricity to the grid.
The proposed project consists of the design, construction and operation of a 117-megawatt (MW) wind farm located in Reynosa, Tamaulipas (the “Project”). The electricity produced by the Project will be purchased by a group of commercial and industrial consumers pursuant to several longterm power purchase agreements. The purpose of the project is to increase the installed capacity of renewable energy which will help reduce future demand on traditional fossil fuel-based energy production and thus help prevent the emission of greenhouse gases and other pollutants from power generation using fossil fuels. The Project is expected to generate approximately 475.9 gigawatt-hours (GWh) of electricity in the first year of operation.