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Revolve Receives Generation Permit Approval for 130 MW El 24 Wind Project in Mexico
VANCOUVER, BC / ACCESS Newswire / December 22, 2025 / Revolve Renewable Power Corp. (TSXV:REV...
About this update from Revolve Renewable Power Corp
[{"type":"text","content":"Revolve Receives Generation Permit Approval for 130 MW El 24 Wind Project in MexicoVANCOUVER, BC / ACCESS Newswire / December 22, 2025 / Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) (\"Revolve\" or the \"Company\"), a North American owner, operator and developer of renewable energy projects, is pleased to announce the receipt of a final Generation Permit for its 130 megawatt (\"MW\") El 24 Wind Project (the \"Project\"), located in the state of Tamaulipas, Mexico, from the Comisión Nacional de Energía (\"CNE\"), Mexico's federal regulator for the renewable energy sector. The project was one of only 5 wind projects across the entire country granted a generation permit by CNE. Additionally, the Company is pleased to report material progress on the interconnection application process for the Project. The issuance of the CNE Generation Permit represents a critical regulatory milestone and materially advances El 24 toward ready-to-build (\"RTB\") status, positioning the project for advanced commercial discussions, financing, and potential monetization.\"Securing the final generation permit for El 24 is a defining value-creation milestone,\" said CEO Myke Clark. \"This is the same stage of development where we have historically unlocked significant shareholder value, including with our Parker and Bouse solar projects that were sold to ENGIE. By systematically advancing El 24 through late-stage permitting, we are executing a proven strategy that has delivered strong outcomes.\"Approval of the Generation Permit provides regulatory certainty over installed capacity, generation rights, and compliance with Mexico's national electricity framework. This approval substantially reduces any remaining development risk and enables the project to progress into final permitting, engineering, procurement, and commercial structuring phases. The Generation Permit enhances bankability, supports advanced interconnection and financing discussions, and positions the project for a range of strategic outcomes. The Generation Permit for El 24, which was approved December 19, 2025, is the key authorisation issued by the federal regulator for the electricity sector in Mexico. Without this permit any generation project does not have authorisation to generate electricity and / or export to the national electricity grid. The Company submitted ...