Mexico’s federal renewable energy regulator Comisión Nacional de Energía has granted final generation permit approval for the 130-MW EL 24 wind Energy Project in the state of Tamaulipas.
Revolve Renewable Power Corp. is the developer and will operate the EL 24 wind farm, which also has made progress through interconnection approval. El 24 is one of our five nationwide wind projects so far approved by the Comisión Nacional de Energía (CNE).
“Securing the final generation permit for El 24 is a defining value-creation milestone,” said Revolve Renewable Power Corp. CEO Myke Clark in a statement. “This is the same stage of development where we have historically unlocked significant shareholder value, including with our Parker and Bouse solar projects that were sold to ENGIE. By systematically advancing El 24 through late stage permitting, we are executing a proven strategy that has delivered strong outcomes.”
Both the Parker and Bouse solar and storage projects, totaling 1.25 GW of generation capacity, were developed and constructed in Arizona. In 2023, a subsidiary of French-based global energy firm ENGIE acquired the 240-MW Park and 1-GW Bouse sites.
Revolve Renewable Power hopes to bring the Mexico project to commercial operation by 2028. EL 24 is in a region of Tamaulipas with high-level wind resources and established transmission infrastructure.
The Mexican government and CNE also are considering new projects for accelerating wind power permitting processes, including the 400-MW Presa Nueva development by Revolve. The Presa Nueva is being sited in Nuevo León.
Mexican political and energy infrastructure leaders are increasingly working developing domestic power generation resources, considering that more than half of the nation’s utility-scale electricity was generated using natural gas imported from the United States.
Renewables account for nearly one-fourth of Mexico’s electricity mix. Reports indicate that portion could rise to 45% with more intensive wind, solar and battery storage installation, according to a report by Ember Energy.
In the U.S., meanwhile, the Trump Administration is cracking down on previous governmental support and incentives for renewable energies. Earlier this month, the federal Department of the Interior forced work stoppages on five ongoing offshore wind developments along the U.S. East Coast.
The Trump Administration cites national security concerns for its reasons in delaying and perhaps stopping the Revolution, Vineyard 1, Coastal Virginia, Sunrise and Empire offshore wind projects. Some of those were nearing completion and commercial operations by 2026.
Defenders of the U.S. offshore wind development, including Virginia-based utility Dominion Energy, noted that the projects were previously vetted and, in some cases, under planning for close to a decade. In the case of Coastal Virginia Offshore Wind, Dominion noted, several pilot-phase turbines have been operating for five years without causing detrimental security impacts.
