Energía Eólica del Sur plans two large-scale PV projects in Mexico

Mexico’s Secretariat of Environment and Natural Resources (Semarnat) received project proposals for two large-scale PV projects from Argentinean renewable energy developer Energía Eólica del Sur at the end of 2013, according to Mexican financial newspaper El Economista. The 30 MW Granja Solar Sexto Sol Hércules would be developed in the state of Coahuila and would be connected to the grid of the Mexican energy regulator CFE. As for the second project, named Fotovoltaico Mexsolar, the article says it will be developed on a 590-acre surface in Guanajuato, but it does not provide details on the project’s installed capacity or required investment.
Several megawatt-size PV projects are currently under development in Mexico. In October, Chinese solar manufacturer Hareon Solar Technology Co. said it planned to build large-scale PV power plant in the Mexican state of Oaxaca. The company expects to invest $250 million in the project, which has yet to receive authorization from Mexico’s Federal Electricity Commission (CFE). In mid-July, Struggling Chinese solar manufacturer Suntech Power Holdings Co. Ltd. agreed to supply 30 MW of modules for a large-scale PV power plant being built in La Paz, Baja California Sur. Owned by Corporacion Aura Solar, the $100 million project is being developed by Mexican energy company Gauss Energia, with Portuguese solar developer Martifer Solar providing EPC services. Earlier in June, Canadian solar project financing company JCM Capital (JCM) established a company in Mexico to invest in large-scale PV power projects. The company is working with municipal and state governments to develop PV projects 20 MW and larger and will partner with corporations to provide power at competitive rates. JCM expects to deliver power to governments and private customers through long-term power purchase agreements.

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