EDITOR: | July 24th, 2013 | 1 Comment

GE-powered Santa Catarina wind power farm goes online in Mexico

| July 24, 2013 | 1 Comment
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July 24, 2013 (Source: Fort Mill Times) — GE (NYSE: GE), Comexhidro Viento, Next Energy de México and Conduit Capital announce the opening of Santa Catarina, the first operational wind farm in Mexico powered by GE wind turbines. Eight GE 2.75-103 turbines are online and are expected to generate 45 gigawatts of power annually. GE also was awarded a five-year agreement to operate and maintain the Santa Catarina wind farm.

Energy generated by the eight-turbine wind farm would be the equivalent to the required energy needs of approximately 9,000 homes in the Monterrey, Mexico, region.

“Thanks to this project, we will be able to supply electricity for the next 20 years and generate important saving to the counties, which currently need the money to restore their finances, improve public services and continue working on security issues in Monterrey,” stated Carlos Jinich, general manager, Comexhidro.

The Santa Catarina wind farm is a result of a joint effort between Comexhidro Viento, Next Energy de México and Conduit Capital, which, by using GE technology, will be able to supply energy to six counties: Santa Catarina, Monterrey, Apodaca, Escobedo, Nicolás de los Garza and Los Ramones. The counties will use this energy for municipal needs, including public lighting.

“We are proud to be a part of the Santa Catarina wind farm and bring advanced renewable energy technology to Mexico,” said Anne McEntee, president and CEO of GE’s renewable energy business. “This project marks the beginning of the potential our customers see for wind energy in the country.”

The 2.75-103 machine is part of GE’s evolutionary technology portfolio, which builds on the success and the global experience of GE’s 21,000 wind turbines installed globally.

About Eólica Santa Catarina

Partnership formed by Next Energy of Mexico, Conduit Capital Partners and Comexhidro Viento. These companies are focused on Eolic energy projects for Nuevo Leon and have major plans for the development of new projects.

About Grupo Comexhidro

Grupo Comexhidro is focused on the development, construction and operation for renewable electricity generation projects. Nowadays, wind projects and hydroelectric power station are under operation and producing 172 megawatts.

About GE México

GE has been operating in Mexico for 117 years and employs nearly 11, 000 people around the country. It has 18 manufacturing plants distributed in nine states, eight service centers and the biggest engineering center of the country located at Querétaro, which employs nearly 1,500 specialized engineers.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company’s website at www.ge.com.

About GE Power & Water

GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.


Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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Comments

  • John Clarke

    A good looking deal for Conduit Capital Partners. Conduit Capital Partners, LLC* is a private equity investment firm focused on the significant investment opportunities presented by the independent electric power industry in Latin America and the Caribbean.
    http://www.conduitcap.com/
    Private Equity appears to be leading renewable power financing … see also http://www.zouk.com/ and http://www.goodenergies.com/

    July 25, 2013 - 9:28 AM

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