Cannon Mexico, with 1.000 million dollars to electrify
The group works projects to generate over 1,000 megawatts in several states, John Prock, director of the group, said that in Mexico and wind energy projects are viable.

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By: Jesus Ugarte
MEXICO CITY (FORTUNE) - Cannon Power Group, world leader in wind power generation, has projects in various stages of study to develop in Mexico for more than 1,000 megawatts , which will involve investments of over U.S. $ 1.000 million (mdd) in the next 5 years. "In Mexico we are evaluating opportunities and locations, there are three states to develop wind power plants. We see many opportunities, now with the COP16 is a very big boost thanks to new energy regulations are already very viable projects in Mexico," said John D. Prock, director general of the firm in Mexico.
He recalled that two years ago projects were not yet viable in the absence of government subsidies. " It has become very attractive Mexico by the new regulations and subsidies in tax matters , "the executive said in an interview with FORTUNE, adding that no return when it comes to $ 120 megawatts / hour.
He stressed that some of the wind farms to build will be located in the State of Baja California , where the group already has more than 32,000 land acres.
"We hired 32,000 hectares on the mountain in the Rumorosa Bay in Baja California. Our first project is 72 megawatts of power for self-supply of a maquiladora in Tijuana , "revealed the director of Cannon Power Group.
The plant will be fully developed by this company will be investing about 220 million dollars. The contract to supply clean energy to the maquiladoras is for 20 years and the executive declined to identity them. This week Cannon Power Group received permission from the Energy Regulatory Commission to develop the plant .
"We are the full development of the plant, hopefully we can start construction in late 2011. To them (maquiladoras) they should be this type of agreement, because it guarantees the supply and price for 20 years, for confidentiality we can not to know the names of the maquiladoras, "he said.
According to the governor of Baja California, José Guadalupe Osuna Millán, only the Rumorosa area has the potential to develop wind energy mewatts 4.000 and if the entity is considered complete until 6000.
Cannon Power Group has 30 years in the wind industry with more than 4,500 megawatts in 16 countries around the world . Just finished the largest project in the United States with a total of 800 megawatts, was put into operation last year with 500 and added another 300 megawatts. This plant is located in the state of Washington and the energy generated is sold to California.
He recalled that two years ago projects were not yet viable in the absence of government subsidies. " It has become very attractive Mexico by the new regulations and subsidies in tax matters , "the executive said in an interview with FORTUNE, adding that no return when it comes to $ 120 megawatts / hour.
He stressed that some of the wind farms to build will be located in the State of Baja California , where the group already has more than 32,000 land acres.
"We hired 32,000 hectares on the mountain in the Rumorosa Bay in Baja California. Our first project is 72 megawatts of power for self-supply of a maquiladora in Tijuana , "revealed the director of Cannon Power Group.
The plant will be fully developed by this company will be investing about 220 million dollars. The contract to supply clean energy to the maquiladoras is for 20 years and the executive declined to identity them. This week Cannon Power Group received permission from the Energy Regulatory Commission to develop the plant .
"We are the full development of the plant, hopefully we can start construction in late 2011. To them (maquiladoras) they should be this type of agreement, because it guarantees the supply and price for 20 years, for confidentiality we can not to know the names of the maquiladoras, "he said.
According to the governor of Baja California, José Guadalupe Osuna Millán, only the Rumorosa area has the potential to develop wind energy mewatts 4.000 and if the entity is considered complete until 6000.
Cannon Power Group has 30 years in the wind industry with more than 4,500 megawatts in 16 countries around the world . Just finished the largest project in the United States with a total of 800 megawatts, was put into operation last year with 500 and added another 300 megawatts. This plant is located in the state of Washington and the energy generated is sold to California.