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Friday, July 17, 2015

Mexico:

French Companies to Help Develop Geothermal Energy in Mexcio (Diario Rotativo)

The head of the Mexican Federal Electricity Commission (CFE), Enrique Ochoa Reza, signed a Memorandum of Understanding and Cooperation (MOU), with French energy company Engie, and a Letter of Intent with the French Development Agency (AFD) that will help develop geothermal energy projects in Mexico.

The objective of the MOU is to exchange technological knowledge, experience and best practices on activities of the gas industry and power generation, including geothermal energy. CFE says this exchange will include workshops, training sessions and visits of technical personnel from both companies to CFE facilities and Engie. The Letter of Intent aims to launch projects aimed at reducing technical and non-technical losses in the electricity distribution network.

The agreement includes the basis for developing a new geothermal unit at Los Humeros in Puebla, financed by 100 million euros.

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