sener

A 337MW PV portfolio in Mexico has reached financial close, according to Mexico’s Secretariat of Energy (SENER).

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.

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 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.