Mexico, MHI to collaborate on renewables

November 27 (SeeNews) - Mexico's energy ministry has signed a memorandum of understanding with Canada's Manitoba Hydro International Ltd (MHI) to share experience in technology and strategies for renewable energy projects, in particular small hydroelectric plants.

Mexico is also interested in MHI's experience in energy storage, high-voltage infrastructure and social management, the energy ministry said on Thursday. The company is a subsidiary of energy utility Manitoba Hydro which has 561,869 electric and 274,817 natural gas customers in the Manitoba province.

Deputy energy minister Leonardo Beltran said the agreement will bring progress on renewable energy and the infrastructure the country needs to achieve its sustainability goals.

Mexico is seeking alliances to improve public policies and offer instruments for renewable energy promotion to investors attracted by its energy reform.

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Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.

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