The "la Venta III" project in Mexico will be an example of
best practice for large scale RES development
 Objective:
 assist Mexico in developing initial experience in commercially-based
 grid-connected RES applications. Starting date: 3/2004, duration: 7 years
• Construction of a 101 MW wind farm is tendered by national utility CFE
   and constructed / operated by an IPP.
• Project Management: the Ministry of Energy (SENER) and CFE
• Cofinancing provided by the World Bank/Global Environment Facility (GEF)
• Laws allow for 100% depreciation within the first year for clean
  energy equipment.
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