Mexico’s president has pledged to change power dispatch rules, shunting privately owned renewables down the pecking order, in the latest twist of an ongoing spat between his regime and the clean energy sector.
Andrés Manuel López Obrador government will only hold renewable tender it cancelled in February if state-run utility CFE is given time to grow, official says at event.
France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.
Acciona Energía has started construction on a 404MW solar project in the Mexican state of Sonora, which has been developed in a 50:50 joint venture with Tuto Energy.
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.
