Pair of wind farms under development in Mexico

wind farm elp 10

Mexican retailer Organización Soriana, along with the Mexican company GEMEX, announce the construction of two wind farms in Güemez, Tamaulipas, representing a total investment of more than $130 million per project.

The wind farms will be financed with loan funds from the North American Development Bank and the Mexican commercial bank, BANORTE, as well as equity investments from GEMEX.

The La Mesa Wind Farm will be developed on 1,366 acres, while the Victoria Wind Farm will be built on about 1,730 acres. Each project consists of 15 wind turbines with a total installed power generation capacity of 49.5 MW and is expected to produce an estimated 181 gigawatt-hours/year of electricity, which will be consumed by Soriana for 20 years as part of an agreement to supply sustainable energy to 311 of its stores, thereby actively contributing to the development of sustainable energy while at the same time reducing its energy costs.

The electricity from these two wind farms is equivalent to 14 percent of the electricity currently produced in the state of Tamaulipas, or the annual consumption of 51,046 households. Additionally, the renewable energy produced by these projects is similar to removing 58,000 automobiles a year from roadways.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs