mexico

A solar power project is likely to register a per kWh price below two US cents at some stage during 2017, according to analysis firm GTM Research.

Spanish energy provider Iberdrola announced that it has commenced construction on a 100MW solar project in the Mexican state of Sonora.

The Mexican subsidiary of Enel Green Power has begun construction on the 238MW Don José PV plant in San Luis de la Paz, Guanajuato, Mexico.

Enel Green Power México (EGPM), a subsidiary of Italian power giant Enel, has broken ground on the largest solar PV plant under construction in Latin America standing at 754MW in North Mexico.

Mexican energy developer and operator IEnova has signed a US$115 million deal with local steel firm DEACERO for a 110MW solar plant.

NTPC targets 32GW of renewable energy deployment by 2032, The European Investment Bank (EIB) has signed an MOU with Mexican development bank NAFIN over renewables in Mexico, TEDA has invited expressions of interest for a 500MW solar park in Tamil Nadu.

Power Electronics announced that it will supply 275MW of its HEC V1500 solar inverter series for two large-scale PV projects in Mexico.

Growth market investor company Actis has acquired over 1.5GW of solar PV assets from bankrupt SunEdison in Latin America as part of a US$525 million commitment to launch a new Pan-Latin American renewable energy platform — Atlas Renewable Energy.

GCL System Integration Technology (GCL-SI), a subsidiary of energy firm GCL, has signed an agreement for DMSolar to distribute its solar modules and other components to the Mexican market.

Mexico will add 5GW of new clean energy to existing capacity, representing 170% growth in generation for wind and solar over the last 18 years, secretary of Energy Pedro Joaquín Coldwell has said.