Mexico: 35% of 3.6 GW of solar assigned in last year’s auctions is under development
Mexico’s solar association Asolmex revealed that a good portion of the 28 solar projects selected in the 2016 renewable energy auctions is at an advanced stage of development or under construction.
BNEF report outlines big expectations for key Latin America markets
In its New Energy Outlook 2017 report (NEO), published earlier this week, Bloomberg New Energy Finance (BNEF) outlines its expectations for energy in the Americas between now and 2040. The report predicts big for the key regional markets Brazil, Chile and Mexico.
NADB considers loan for Mexico’s largest PV plant, Puerto Libertad
If the loan is approved, it could close by the end of the month.
Mexico publishes bidding rules for November’s renewable energy auction
The auction will be held in November. Under the auction’s new dispostions, solar projects will be able to sell power to more entities, while prior to these new rules the only buyer was state-owned electric utility CFE.
Mexico to hold third renewable energy auction in November
The Mexican government announced the timeline for the upcoming renewable energy auction. Technical bids must be submitted in September.
Mexico: government of Jalisco commissions 8 MW merchant solar plant
The PV plant is one of the country’s first merchant solar projects after the energy reform was introduced. The project’s required investment was $14 million.
Fimer provides inverters for 754 MW PV project in Mexico
The Italian inverter maker will supply its devices for Mexico’s largest solar project. The company is also planning to expand capacity at its manufacturing facility in northern Italy.
Iberdrola begins work on 100 MW solar park in Mexico
The Spanish developer said the project will be completed in 2018, and will sell power to private customers on the wholesale market.
Mexico publishes requirements for clean energy certificates
The Mexican Government intends to facilitate the planning of renewable energy projects over the next years. Clean energy certificates, which apply to power provider and industrial consumers, will increase from 7.4% in 2020 to 10.9% in 2021 and 13.9% in 2022.
Enel breaks ground on 754 MW solar park in Mexico
The huge solar project was selected in the energy auction held by the Mexican government in 2016. The plant will be located in the state of Coahuila and will be connected to the grid in the second half of 2018.
