Sempra’s Ienova secures PPA for 110 MW of solar in Mexico
The Mexican gas and power provider has secured a 20-year PPA for a large-scale PV project in Mexico from local steelmaker Deacero. The $115 million plant will have a capacity of 110 MW.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
Over 50,000 distributed generation PV projects expected to come online in Mexico this year
Mexican company Conermex forecasts that investment for distributed generation projects (DGPV) in Mexico could reach $750 million between 2017 and 2018.
GCL-SI signs Mexican distribution deal with DMSolar
GCL System Integration (GCL-SI) did not disclose the financial terms of the master distribution agreement, under which Guadalajara-based DMSolar will offer the Chinese PV maker’s components, as well as its GCL-P6/60 and GCL-P6/72 panels.
Acciona & Tuto sign PPA to expand Mexico PV plant to 339 MW
The Puerto Libertad solar power plant in Sonora has a private PPA for 112 MW and an allocation of 227 MW in the framework of the second clean energy auction. Commissioning is expected in the first half of 2019.
Mexico signs lowest-price solar contracts to date
Contracts have been signed for 1.8 GW of solar in Mexico, including one contract at a price of US$26.99/MWh by Fotowatio. The median price for solar in this auction was around $31.70/MWh.
Mexico to reach 460 MW of distributed solar by the end of 2017
It is estimated that last year more than 100 MW was installed in the segment. With the new distributed generation regulation they believe that new business models will lead to a notable increase in the market his year.
Mexico targets addition of 5.4 GW of PV in next 3 years
PV capacity in the country could be increased 20-fold from the 270 MW currently installed by the end of 2019.
