Spanish manufacturer Gamesa is expected to boost the wind power generation sector in Mexico, for which it has signed a Memorandum of Understanding (MoU) with the Mexican Electricity Board (CFE).
The firm will be developing a 500MW wind turbine tower production facility in the country through its joint venture Windar Renovables, which has been formed along with the Daniel Alonso group.
The equipment manufacturing plant will be set up over an area of around 75,000m² at Puerto Altamira, in the state of Tamaulipas.
This centre has been planned against the backdrop of the MoU and is expected to meet demands across the Mexican, US and Central American markets.
With construction works scheduled to start from this month, the factory is expected to be operational by the end of next year.
As well as the manufacturing plant, the agreement with Mexico is aimed at wind power project developments in the country.
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By GlobalDataGamesa Mexico and Latam managing director Hipólito Suárez said: "This MoU with the CFE highlights Gamesa’s commitment to the Mexican market, where, in addition to developing and on-selling wind farms, it supplies, installs and services wind turbines.
"Execution of this agreement will lead to the creation of hundreds of jobs in the tower manufacturing area by nurturing a local supply chain capable of manufacturing major parts, not only for the Mexican market but also for the US."
As part of the deal, Gamesa and CFE intend to explore ways to facilitate technological, industrial and supply chain development across the Mexican wind energy sector.
The parties will also be promoting research, development and innovation in the renewable energy field.