Mexico

Mexico: Third power auction likely to be more successful, despite too-low prices

In an interview with pv magazine, Santiago Barcón, columnist for Energía Hoy and advisor to Mexico’s Energy Regulatory Commission, talks positively about the results of Mexico’s third power auction, despite final prices coming in lower than expected.

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Mexico: Third auction sees 1.3 GW of contracted solar capacity

Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.

Zuma Energía reaches financial closing for two solar projects totaling 337 MW in Mexico

The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.

Mexico’s power auction pre-selects 16 bids with average price of $20.57/MWh and 2.56 GW of combined capacity

According to the auction’s preliminary results, solar may account for 55% of contracted power with 3.0 TWh. Final results will be announced on November 22.

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Alten and Cubico begin work on 350 MW solar park in central Mexico

The Cubico Alten Aguascalientes Solar PV project is located in El Llano municipality, in the state of Aguascalientes.

Enel sells 80% of 1 GW large-scale solar in Mexico

The transaction is worth $1.35 billion and includes another 700 MW of wind power plants. The majority interest in the projects was sold to Canada-based CDPQ and CKD Infraestructura México.

Mexican authorities receive proposals for another 754.7 MW of solar

Developers have submitted proposals to Mexico’s Secretariat of Environment and Natural Resources (Semarnat) to build 754.7 MW of large-scale solar capacity at six locations, less than a month after several companies applied for permission to develop 843.6 MW.

Mexico: 843 MW of solar submitted for environmental approval

The six projects are planned to be built in the states of Baja California, Sonora, Puebla and Chihuahua.

Mexico’s Green Expo shows that a Gigawatt PV market is around the corner

The Mexican PV market is full of promise at this year’s Green Expo in Mexico City. Today is the last day of the three-day exhibition organized by EJ. Krause Mexico and CONIECO (Consejo Nacional de Industriales Ecologistas).

Iberdrola begins construction on first large-scale projects in Mexico

The Spain based multi-national is building two projects in Mexico with a total capacity of 270 MW. Both projects are expected to be operational by the end of 2018.