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Gamesa and the Mexican Electricity Board (the CFE for its acronym in Spanish) have signed a Memorandum of Understanding (MoU) for the fostering of wind power generation in Mexico by means of the co-development of wind energy projects.

The two companies have pledged to search for ways to encourage technological, industrial and supply chain development in the sector in Mexico and to support research, development and innovation in the renewable energy field. The MoU also contemplates the possibility of the CFE studying opportunities for participating in wind projects in which Gamesa has a stake in other Latin American markets and the USA. Gamesa is planning to build a wind tower factory through Windar Renovables, the joint venture with the Daniel Alonso Group in Puerto Altamira, in the state of Tamaulipas. The factory will have the capacity to manufacture 500MW per year for the Mexican, US and Central American markets. The construction work is scheduled to begin in December and the factory should be up and running by the end of 2016.

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