The company will provide engineering, project management, solar equipment and technology integration on the projects, with estimated costs ranging from $50m to $250m per project.
In November 2008, the Mexican congress passed the Renewable Energy Usage and Energy Transition Financing Act, a step towards implementing alternative energy policy at the federal level. While the constitution of Mexico establishes that only the government can generate, transport, transform, distribute or supply electricity for public use, the law allows private companies to generate their own electricity by using renewables to supply their needs.
When a generation surplus exists, the Energy Regulatory Commission determines the price of purchase of the electricity generated in excess of the electricity used by the private generator and the surplus is then fed into the national electric grid.
Richard Reincke, president of GWS, said: “Delgado & Associates is uniquely qualified to act as our liaison with both Mexican governmental agencies and the private sector. Everyone in the solar industry agrees that Mexico has some of the best potential for solar power in the world, and we’re excited about this opportunity to participate in the emerging alternative electric sector in Veracruz and Chiapas.”
