Does Mexico have a 30% energy storage mandate?

A month after India introduced an energy storage mandate for renewable energy plants and China scrapped its own, Mexico has stepped forward with an ambitious 30% capacity requirement, alongside plans to add a further 574 MW of batteries by 2028.

Will Mexico colocate battery energy storage systems?

Future wind and solar energy projects in Mexico will be required to colocate battery energy storage systems equivalent to 30% of their capacity, a senior government official told the Senate on Tuesday.

How will Mexico's energy reforms affect the private sector?

Islas said that the energy reforms, which went into effect earlier in March, provide a series of mechanisms for the private sector to participate in the electricity market. The first option is for a private company to sell all the electricity produced by a renewable energy plant to Mexico’s state-owned utility CFE.

When will Leoch's new battery manufacturing plant in Mexico be fully operational?

LEOCH® Chairman, Dong Li, announces new battery manufacturing plant in Mexico will be fully operational by year's end. September 21, 2023: LEOCH’s new battery assembly plant in Mexico will be operational by the end of this year, owner and chairman Dong Li has told Batteries International.

How can a private company generate electricity in Mexico?

The first option is for a private company to sell all the electricity produced by a renewable energy plant to Mexico’s state-owned utility CFE. Another option is for companies to create joint ventures with CFE to generate power, with a maximum 46% participation by the private sector.

Will energy storage systems be integrated into the national electric system?

Earlier in March, Mexico introduced administrative provisions regulating the integration of energy storage systems into the National Electric System. It also revealed that the incorporation of 8,412 MW of energy storage systems is planned for the 2024-2038 fiscal year.