Solar accounts for more than half of projects competing in Mexico's first-ever energy auction
© Ignacio Evangelista / photon-pictures.com
26.02.2016: Solar is accounting for over 52% of all power projects competing in Mexico's first-ever energy auction. This was reported by Chinese press agency Xinhua citing a statement from Erith Hernández, the vice-director of the Centro Nacional de Control de Energía (CENACE), which is the government agency managing the auction. The article reports that 46% of the projects are for wind power plants, while other renewable energy sources account for the remaining projects. The auction was started in November 2015 and is expected to be closed at the end of March. The Mexican government will allocate approximately 500 MW of renewable energy capacity in the auction. Selected projects will sell their power output to local energy authority Comisión Federal de Electricidad (CFE) under a long-term PPA. © PHOTON
spanish.xinhuanet.com/2016-02/25/c_135130160.htm
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