French power giant ENGIE has signed a 15-year power purchase agreement (PPA) to supply energy from a 130MW solar PV plant to steel producer, Gerdau, in northern Mexico.
Enel Green Power México (EGPM), a subsidiary of Italian power giant Enel, has connected around 1,089MW of solar energy to the grid in Mexico, including the largest solar project in the country.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
Acciona and Tuto Energy, who each own a 50% stake in the 404MW Puerto Libertad solar project in Sonora, Mexico, have signed a financing agreement for the project of up to US$264 million with four banks.
Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.
Madrid-headquartered PV developer Dhamma Energy has closed the sale of a 37MW ready-to-build solar project located in the Mexican state of San Luis Potosi to asset manager Balam Fund.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported first quarter 2018 financial results that were better than expected as revenue and shipments were higher than guided with further PV power plant sales completed in the quarter.
