The Federal Electricity Commission selected 37 renewable energy projects totaling 7,411 MW, of which approximately 6,710 MW, or nearly 90% of the selected capacity, comes from solar plants. The awarded photovoltaic capacity is nearly double the initial requirement projected for this technology.
From pv magazine Mexico
Mexico’s Federal Electricity Commission (CFE) awarded approximately 6,710 MW of photovoltaic capacity in its first call for projects under mixed development schemes with private partners, as part of a total renewable energy package of 7,411 MW.
The results establish solar as the dominant technology in the procurement exercise. The awarded photovoltaic capacity is nearly double the initial requirement of 3,550 MW, while wind power accounted for approximately 700 MW against a target of 2,850 MW. No concentrated solar power (CSP) projects were selected, despite an initial allocation of 100 MW.
Overall, the CFE selected 37 renewable energy projects under the mixed development scheme: 33 solar photovoltaic projects totaling around 6,710 MW and four wind projects totaling approximately 700 MW. The portfolio represents an estimated investment of $7.4 billion and exceeds the initial tender requirement of 6,500 MW.
