New Wind Energy Project in Mexico Helps Nation with Creating Renewable Energy [1]
Mexico’s commitment to creating renewable energy [2] through wind power is evident, with the nation recently reaching a capacity of 1,000 megawatts of installed wind energy.
The development of wind farms continues to grow, with the North American Development Bank (NADBank) and Border Environment Cooperation Commission having recently received certification and secured financing for a 54-megawatt wind energy farm in Reynosa, Tamapulipas.
“NADB is pleased to participate in this important project that will contribute to clean energy generation and is part of Mexico’s efforts to combat climate change,” said NADBank Managing Director Gerónimo Gutiérrez.
This is the first-ever bank-funded wind energy project in Mexico. The farm itself, Ejido El Porvenir, will be developed and operated by Compañía Eólica de Tamaulipas, S.A. de C.V. (CETSA). Consisting of 30 wind turbines with a capacity of 1.8 megwatts each, the electricity produced will be purchased by Mexican retailer Soriana.
Ejido El Porvenir is anticipated to improve air pollution in Mexico, displacing more than 90,976 metric tons of carbon dioxide, 1,442 metric tons of sulfur oxide and 189 metric tons of nitrogen oxides of pollutants during each year of operation.