Mexico to hold new power auction including solar in November
This year’s auction will be carried out by Mexico’s energy regulatory commission, CRE. Final results will be announced in early November.
Ienova secures corporate PPA for 125 MW solar project in Mexico
The company’s solar park under development in Benjamin Hill, in the state of Sonora, will sell power to Mexican retailer, El Puerto de Liverpool under a 15-year PPA.
Mexico’s Telmex enters solar business
The Mexican telecommunication giant, which is owned by Mexico’s richest man, Carlos Slim, has begun offering solar panels to its clients paying high energy bills.
The future looks bright for solar energy development in Mexico
Mexico is set to become the largest solar PV market in Latin America, with around 2 GW of installs expected annually. Political and regulatory uncertainty do not appear to be affecting investor interest, with more opportunities than challenges present. pv magazine attended GTM Research’s Solar Summit Mexico last week to report on the latest developments in the Mexican market.
Acciona breaks ground on 404 MW solar park in Mexico
The solar complex, Puerto Libertad will be located in the state of Sonora. The project’s completion is scheduled for the fourth quarter of this year.
US solar tariffs: Korea to file WTO petition, Mexico considers legal action, module costs to increase
As anticipated, the fallout from U.S. President Trump’s decision to impose tariffs of up to 30% on solar imports has been big. The latest reactions include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action. BNEF, meanwhile, expects module costs to increase by US$0.10/W.
Fotowatio closes financing for 342 MW of solar in Mexico
The solar unit of UAE-based Abdul Latif Jameel Energy will build the giant PV plant in the Mexican state of San Luis de Potosí. The facility is expected to start delivering power in 2019.
Mexico’s PV capacity reached 460 MW at the end of June
Solar was able to cover just 0.17% of the country’s total power production in the first half of last year, representing 0.62% of total generation capacity.
Trina Solar secured 104 MW of solar in third Mexico auction
The Chinese solar company won the right to develop 104 MWp of PV through a partnership with Mitsui & Co., in the third long-term auction held in Mexico last month.
Latin America’s largest PV project comes online
The Villanueva III projects, part of the 754 MW Villanueva complex, has started to inject power to the Mexican grid nine months ahead of schedule. Part of the solar park is still under construction by Italian energy company Enel.
