Aguascalientes, Sonora to boost solar capacity

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Monday, November 27, 2017

Mexico's Aguascalientes and Sonora states will see the construction of two and four solar photovoltaic (PV) plants respectively, as a result of this month's electric power auction.

In Aguascalientes, French firm Neoen International will build a 300MW facility in El Llano municipality, and Canadian Solar will construct the 95MW Horus AG facility in Pabellón de Arteaga, according to the energy ministry.

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In Sonora, the 100MW Tastiota and 99MW El Mayo PV plants will be built by Canadian Solar, while Spanish firm X-Elio will develop the 200MW Platan solar FV Bacabachi I, and Consorcio Engie Solar will develop the 99MW facility.

At a Glance: The projects awarded in Mexico's 3rd power auction

The projects awarded at the three auctions held so far, two of which took place in March and September 2016, will increase the country's clean energy generation capacity by 7,451MW, in line with the country's aim to generate 35% of electricity from renewables by 2024, as stipulated by the energy transition law and part of the sector's reforms.

Solar dominated all three auctions as the power source awarded the largest capacity.

Also read: Mexico's top 5 states for solar growth

The third auction saw prices for electricity drop to a record low of US$20.57/MWh, more than 30% below the prices of the second auction, and will create investments estimated at US$2.4bn in the construction of 15 power plants in eight states.

Mexico will hold its first medium-term power auction in February