The company is noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
The solar trackers made by the U.S. manufacturer will be used for the construction of the 754 MW Villanueva solar project in Torreón, in the Mexican state of Coahuila.
This year’s auction will be carried out by Mexico’s energy regulatory commission, CRE. Final results will be announced in early November.
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 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.
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.
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.
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.
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.