Mexico:

Mexico Gives Geothermal Updates (Business News Americas)

(Courtesy CIA.gov)

Mexico's energy ministry (Sener) will next month announce the green energy requirements that companies and other users must meet, rules which will "guarantee" that 35% of electricity is generated from renewables by 2024.

Energy minister Pedro Joaquín Coldwell made the announcement at a Mexico City wind power conference during which he also said that the results of the country's geothermal "round zero" would be published in July. Businesses and other consumers will be required to comply with the green power rules by 2018, he said.

Round zero will determine which projects will be developed by state power company La Comisión Federal de Electricidad (CFE) and which ones will be put out to tender to the private sector. CFE may also form alliances with the private sector to increase the country's renewable generation capacity.

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