News

Seven geothermal projects in Mexico seeking GDF project funding

Seven geothermal projects in Mexico seeking GDF project funding Avenida de la Reforma, Mexico City, Mexico (source: flickr/ Enrique Dans, creative commons)
Alexander Richter 24 Jun 2020

In its first call for funding under the GDF for Latin America program open to Mexico, five developers of seven geothermal projects in Mexico have expressed their interest to qualify for funding to support early stages of development.

With the opening of the Geothermal Development Facility (GDF) for Latin America for Mexican geothermal developers, it now seems that actually five different Mexican companies with seven different projects have submitted expressions of interest.

The GDF program launched its fifth call to Expressions of Interest in March 2020.

With the evaluation of projects now going on, applicants for the funding will learn in about 6 weeks time if they have moved on to the next state of the process.

With all the challenges to geothermal energy development in Mexico, this shows at least some movement.

We thank Michelle Ramírez Bueno for keeping us updated on geothermal activities in and around Mexico.

Source: Michelle Ramírez Bueno via LinkedIn