mexico

Mexico's SENER forecasts massive solar growth, with a 20-fold increase totalling 5.4GW by the end of 2019. In Spain, the long-anticipated renewable energy auction is given a confirmation for the first quarter of this year. Over in Chile, solar energy is being used to power the Santiago metro, through SunPower's El Pelícano project.

The Latin America region had installed 1.8GW of solar PV by the end of the third quarter this year, already up 400MW from 1.4GW in 2015, according to GTM Research’s Latin America PV Playbook for Q3 2016.

Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.

Mexico is set to hit between 30-40GW of solar PV installations by 2040 under various scenarios projected by the International Energy Agency (IEA).

This week's Movers & Shakers features some of the US' biggest integrated solar companies, including Vivint Solar, First Solar and Sungevity. PV Tech also reports on management shuffles in Australia and speaks with new SunShot Initiative director Charlie Gay on what is driving US solar's success.

The final results are in for Mexico’s second long-term renewable power auction, since the country’s energy sector was liberalised following reforms that allowed for private participation.

The results of Mexico’s second long-term power auction, following a much awaited energy liberalisation, reveal ‘highly competitive’ rates, according to state power regulator and grid operator CENACE.

Chinese PV module and system manufacturer Canadian Solar has entered into a distribution agreement with DM Solar, a wholesale distributor of solar products headquartered in Guadalajara, Mexico.

Module manufacturer Seraphim Solar is looking for fresh locations for future manufacturing plants and praises Mexico as both and end-market and a potential production centre.

The US is leading the charge for solar in North America, but its next-door neighbours, Canada and Mexico, are also pressing ahead with plans to boost deployment. Danielle Ola reports on the policy developments expected to underpin the growth of solar in the two countries.