Energy industry news : French energy giant Engie will develop four renewable energy projects in Mexico that will have a combined power generation capacity of about 688MW with an investment of $580 million.

Engie had won the development rights for a wind project and three solar plants during Mexico’s third Long Term Electricity Auction held by National Center for Energy Control (CENACE).

The wind project that will be developed by the French energy company is the 100.8MW Tres Mesas 4 wind farm to be built in Tamaulipas state.

As far as the Mexican solar projects that will be taken up by Engie are the 199MW Villa Ahumada solar power plant in Chihuahua state, the 134MW Abril solar power project in Sonora state and the 254MW Calpulalpan solar plant in Tlaxcala state.

Commenting on the new renewable energy projects bagged by the company, Isabelle Kocher, the CEO of Engie said: “We are very excited about the results obtained in this auction. We are pleased to contribute to develop the participation of clean energies in Mexico.

“By 2020, ENGIE Mexico will have invested close to 800 million dollars in renewable power generation, with approximately 900 MW of capacity. Our ambition is strong, it is in line with the draw of ENGIE to be a leader of energy revolution”.

Mexico had listed 15 new renewable energy projects in eight states at the third Long Term Electricity Auction. Out of these nine of them are solar power projects, five are wind power project and the remaining one is a turbogas power project.

Put together the 15 Mexican renewable energy projects have a power generation capacity of 2,560MW with the country anticipating a total investment of $2.4 billion for their development.

According to energy industry news, Engie had previously won rights for three energy projects in Mexico, at the first and second electric auction held last year. The three Mexican power projects it secured then have a total capacity of 209MW.

The French energy company has spent $215 million investment on the three renewable power projects – a 28MW solar power plant in Baja California peninsula, the 157MW Trompezon solar power project in Aguas Calientes state and the 51.8MW Tres Mesas wind power project in the northeast Mexico. All these three Engie renewable energy projects in Mexico are under construction.

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  Engie, Mexico, Solar industry news, Solar power plant, Wind industry news, Wind power project