Solar Power

Five months ahead of schedule, Enel inaugurates US$ 220 million solar plant in Guanajuato
Italy-based utility company Enel, through its renewable subsidiary Enel Green Power Mexico (EGPM), today inaugurated the 238 MW Don Jose photovoltaic solar plant located in San Luis de la Paz, Guanajuato.  The investment for the construction of Don Jose, which achieved full production over five mo...
French developer Engie to build US$ 111-million photovoltaic park in Sonora
Engie Group, a French developer of energy infrastructure, announced that it will build a new photovoltaic park in the municipality of Caborca, state of Sonora, northern Mexico, with a capacity of 130.8 MW in which US$ 111 million will be invested. The solar park will have an area of 266 hectares, w...
French developer Neoen secures US$280-million financing to build solar plant in Aguascalientes
French renewable energy developer Neoen announced it has secured financing of US$280 million, excluding financing costs, to build a 375MW solar project called El Llano in the state of Aguascalientes, Central Mexico.  The funds will be provided by Bancomext, Mexico’s development bank in charge of...
French developer Neoen wins largest solar project in Mexico’s third clean energy auction
French renewable energy developer Neoen announced it has been awarded a 377MW solar photovoltaic project in Mexico’s third clean energy auction. The project in the state of Aguascalientes is due to be connected to the grid in June 2020. According to Mexico’s National Centre for Energy Control (...
FRV secures financing for 300 MW photovoltaic plant in San Luis Potosi
Fotowatio Renewable Ventures (FRV), part of Saudi Arabian company Abdul Latif Jameel Energy, today announced it has secured a deal to start construction of a 300 MW solar farm in San Luis Potosi. The deal for the Potosi Solar Farm, in the Municipality of Villa de Ramos in the State of San Luis de P...
Iberdrola first solar park in Mexico nearly completed; two more on the way
Representatives of the Spanish electricity company Iberdrola were in Hermosillo, Sonora, to announce that a photovoltaic park is about to become operational in that municipality, after a US$ 135 million investment, El Financiero reported. “The annual generation is 175.2 GWh equivalent to supplyin...
Iberdrola to build solar plant in Mexico
Spanish utility Iberdrola plans to build its first solar park in Mexico, of 200 MW in total, with the project being in the very early stage, El Economista reported. The company already has 5.4 GW of operational capacity in the country, including 367 MW wind and 4.84 GW of combined-cycle gas. Its fi...
IEnova builds US$ 115 million solar plant in Sonora to supply power for Deacero
Mexican energy infrastructure firm IEnova and steel manufacturer Deacero had signed a 20-year deal to supply the latter with renewable energy from a solar power plant in Caborca, a municipality located in the Northern state of Sonora. IEnova unit ESJ Renovable II will invest US$ 115 million at the ...
Italian utility company Enel connects more than 1 GW of solar energy to Mexico’s power grid
Italy-based energy infrastructure developer Enel Group announced that its Mexican renewable energy subsidiary, Enel Green Power México (EGPM), has completed and connected to the grid around 1,089 MW of solar energy in Mexico. The new capacity includes the Villanueva solar park, of about 828 MW, lo...
Italian-based Enel Green Power breaks ground for US$ 165 million solar plant in Tlaxcala
Italian renewable energy solutions developer Enel Green Power (EGP) broke ground earlier this week in Tlaxcala to build the Magdalena II solar plant, the company’s first project in the Mexican state which will feature an output capacity of 220 MW.  The laying of the foundation stone took place i...
Italy-based Enel breaks ground in Mexico for “largest solar plant in the Americas”
Italy-based Enel S.p.A. announced its Mexican renewable subsidiary Enel Green Power México (EGPM), has started breaking ground in the Northern state of Coahuila for what the company claims will be “the largest photovoltaic plant under construction in the Americas and Enel’s largest solar projec...
London-based Cubico earns contracts for wind farm, solar plant in Mexico
London-based Cubico Sustainable Investments has won contracts in Mexico’s second energy auction to supply electricity from the 250MW Mezquite wind farm and the 290MW Solem solar facility, the company revealed in a press release (PDF). Mezquite is located in the state of Nuevo Leon in northeast M...
London-based Cubico raises US$ 450 million for two renewable energy projects in Mexico
Cubico Sustainable Investments, a London-based firm specialized in renewable energy projects, announced it has achieved financial closing for the 250 MW El Mezquite wind farm in the state of Nuevo Leon, and the 350 MWp Solem solar PV project in Aguascalientes, both with power purchase agreements (...
Los Santos I solar plant is officially inaugurated in Chihuahua
Mexican authorities inaugurated today the first phase of one of the largest photovoltaic (PV) power plants in the country.  Los Santos I is a 13.6 MW plant located 76 miles south of Juarez, Chihuahua, developed by Buenavista Renewables with investment and consultation provided by OCI Solar Power, ...
Macquarie fund acquires 90% stake in 322 MW solar power portfolio in Northern Mexico
Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, announced that one of the funds it manages has agreed to acquire 90% of a portfolio of solar power generation of 322 megawatts (MW) in the northern Mexico. The remaining 10% of the portfolio will be owned by Eosol Invest...
Mexican-Spanish joint venture breaks ground for 404 MWp photovoltaic plant in Sonora
Spain-based renewable energy developer Acciona Energia today announced it has started construction work on the Puerto Libertad photovoltaic complex, developed in a joint venture (on a 50-50 basis) with Mexican company Tuto Energy in the State of Sonora.  With 404 megawatts peak power (MWp) – 317...
Mexico grants US$ 4 billion in contracts for 36 clean energy projects
Mexican goverment revealed the 23 winners of its second renewable energy auction, awarding 36 projects for wind and solar capacity. The selected companies will invest about US$ 4 billion over the next three years, the country’s energy ministry said. The National Energy Control Center (CENACE...
Mexico set for 20-fold solar expansion by 2019
After a year that included two fiercely competitive renewables tenders, Mexico’s energy secretariat says the country is on track to have 5.4GW of operating solar capacity by the end of 2019, more than 20 times its current capacity. By comparison, Mexico’s more well-established wind sector is exp...
Mexico to lead AB InBev’s crusade for renewable energy
Anheuser-Busch InBev NV, the world’s biggest beer maker, announced plans to get all of its electricity from renewable sources by 2025 and its strategy will begin in Mexico. The initiative will imply shifting 6 terawatt-hours of electricity (almost enough to power all of Spain for a month) from fo...
Mexico’s clean energy tenders to trigger US$ 8.6 billion investments by 2021
The three electric auctions that the Mexican government carries out to award contracts to private companies that build power plants using clean technologies, will result in around US$ 8.6 billion investments by 2021, Secretary of Energy, Pedro Joaquin Coldwell, said in recent days at a press confere...

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