Mexican Solar Base Station Agency

How does Mexico's Energy Transition Program affect solar growth?

It is also important to highlight the impact of distributed generation (DG), favoured by Mexico’s energy transition program, on the country’s solar growth. According to Greentech Media Research, DG occupied almost one third of Mexico’s solar market share at close to 50 MW last year, closing 2017 with a total capacity of 450 MW.

What projects are in the Mexican solar pipeline?

Another notable project in the Mexican solar pipeline (under construction) comprises two PV plants, Solem I and Solem II. The project was awarded a 20-year PPA by the Mexican Federal Electricity Agency, Centro Nacional de Control de Energia (CENACE) for the Clean Energy Certificates (CELs) and 15-year PPA for energy and capacity.

When will a solar project be fully operational in Mexico?

This project will be partially connected to the grid in the last trimester of 2018 and is believed to be fully operational in early 2019. Another notable project in the Mexican solar pipeline (under construction) comprises two PV plants, Solem I and Solem II.

How can Mexican solar market grow?

The Mexican solar market demonstrates significant growth potential amid regulatory changes. Focus on project development and long-term power purchase agreements. Established relationships with local stakeholders enhance project implementation efficiency. Focus on partnerships and innovation to enhance competitiveness in solar market.

Does Mexico have a solar auction mechanism?

Mexico’s auction mechanism, also established in 2015, has further bolstered the country’s solar growth, the bidding prices for which have been very competitive. In fact, the country logged the world’s lowest bid for solar in the third auction round.