Mexico

The solar assets were acquired by the company’s unit, Macquarie Infrastructure and Real Assets (MIRA). Spanish developer, Eosol will maintain a 10% share in the projects.

Without the threat of a hostile attitude from the state-owned power provider, the Mexican distributed generation (DG) market may now continue to be a strong driver of growth in the northern American country.

The project is being developed by Spain’s X-Elio in the state of Guanajuato.

Mexico’s Federal Court of Fiscal and Administrative Justice has accepted an appeal lodged by the Mexican solar association, Asolmex, to remove the 15% customs duties applied to imports of solar PV modules.

The Don José solar plant is located in the state of Guacanajuato. Italian utility Enel was awarded the contract for the facility in Mexico’s first power auction

Milbank, Tweed, Hadley & McCloy LLP has advised lenders in relation to two independent renewable energy projects in Mexico and the Dominican Republic, respectively. These projects are in addition to the recent renewable energy loans that were closed in Argentina, Chile and El Salvador.

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 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.

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.