Mexico: Third auction sees 1.3 GW of contracted solar capacity US$ 20.57 per MWh

Mexico’s Department of Energy (Sener) and the National Center for Energy Control (Cenace) has confirmed the provisional results of the country’s third power auction, which were released on November 15, and that a record average price of US$ 20.57 per MWh has been reached.

According to Cenace, 55% of the contracted energy and 58.3% of clean energy certificates were assigned to solar energy projects. This totals energy exceeding 3 million MWh/year, with an estimated plant capacity of more than 1.323 GW and an investment of more than $1 billion.

As a result of the three auctions, solar energy reached a capacity of almost 5 GW, with an investment of $5 billion and an average price positioned as the most competitive worldwide.

via Mexico: Third auction sees 1.3 GW of contracted solar capacity – pv magazine International

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