Canadian Solar to develop 63MW PV project in Mexico

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The project is expected to be completed in September 2018. Image: Canadian Solar

Solar power company Canadian Solar announced that it has won a 63MW PV power project in Aguascalientes, Mexico.

Canadian Solar will develop and construct the installation, which is expected to be connected to the grid in September 2018. Once completed, electricity generated by the site will be sold to CFE (Comisión Federal de Electricidad) through a 15-year power purchase agreement for energy and capacity and 20 years for Clean Energy Certificates at approximately US$47.95/MWh,

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Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar, said: “We are delighted to announce this win in Mexico which expands our late stage solar project pipeline in OECD countries, and positions us well for further growth in this important emerging market.

“Our ability to win this competitive bid is a testament to our strength as a global tier 1 leader in the solar industry. We look forward to build on our momentum to expand our global presence and help accelerate the adoption of solar energy to mitigate climate change in the region and around the world as we continue to focus on our corporate vision of making a difference to the planet.”

2 September 2025
Mexico City, Mexico
Intersolar Mexico is the leading platform for technology trends and B2B networking in Mexico's solar market. It focuses on photovoltaics, solar heating and cooling technologies, and energy storage. Together with the co-located events The GREEN Expo® and Aquatech Mexico, it has solidified its position as the largest gathering of professionals in the renewable energy and cleantech industry in Mexico since the debut in 2019. In 2024, the events hosted more than 400 exhibitors as well as 10,000 visitors and 12,000 industry professionals (total attendance). The sixth edition of Intersolar Mexico will take place from September 2 to 4, 2025 at the Citibanamex Center, in Mexico City.

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