Tuesday, October 4, 2016

Grenergy to build 34 MW photovoltaic project in Mexico

4.10.2016: Spanish renewable energy company Grenergy Renovables SA has been awarded its first contract in Mexico to build a 34.5 MW power plant in the Mexican state of Guanajuato, the country's industrial belt with high demand for energy. It is also one of the areas with the best solar radiation in the Americas. More details about the facility were not disclosed.
This second Mexico energy auction was led by Spanish companies, which were awarded 41% of projects totaling 3.72 million MWh a year. A total of 57 companies took part in the auction, of which 23 were awarded projects, six of them of Spanish nationality or origin. The auction also saw the lowest supply costs ever seen in the Americas, dropping to $30 per MWh, even though the final average did settle at $33.47. 

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