General Electric (GE) is developing Mexico’s first ever grid-scale energy storage projects to aid with the integration of wind and solar into electricity networks.
The US multinational was reported by Mexican financial newspaper El Financiero to be developing five such systems, which the paper said was part of an increased investment in renewables. El Financiero said that according to GE Grid Solutions Latin America’s leader of digital solutions, Rodrigo Salim, each system would likely cost at least US$5 million to develop and deploy.
Salim said energy storage could help deliver power resiliency and quality in an age of renewables on the grid, the report stated. GE Grid Solutions is a joint venture (JV) between GE and power engineering company Alstom.
A representative of GE Power responded to an enquiry from Energy-Storage.News asking for more details on the reported Mexico projects. She said that while GE was able to confirm the reports, there were currently no further details available to press.
The representative said the projects “are in the very early stages” and that there was no further information she could give beyond the contents of the El Financiero report.
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