Developer inks two 15-year PPAs with store chains CCK and El Puerto de Liverpool for US$160 million project near US border, set to come online in H2 2020.
Support from Bancomext and World Bank’s IFC will help Fotowatio take Potrero Solar project to finish line, with operational launch scheduled in mid-2020.
Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
