Mexico works out deals with US firms on 1.8 GW of wind, solar, president says

Solar park in Mexico. Author: Presidencia de la República Mexicana. License: Creative Commons, Attribution 2.0 Generic.

June 21 (Renewables Now) - Mexico has secured commitments from 17 US energy companies that will lead to investments in 1,854 MW of wind and solar power, Mexican president Andres Manuel Lopez Obrador said in his address to the Major Economies Forum on Energy and Climate.

As a result of these agreements, undisclosed entities will explore the development of solar farms on the US-Mexico border, and the construction of transmission lines that would allow power to be exported to California and other US states, according to the president’s statement.

Participants in the virtual meeting hosted by US president Joe Biden also heard that construction of a 1-GW solar PV farm is about to start in Puerto Penasco, in the Mexican state of Sonora.

Mexico is committed to producing at least 35% of its energy from clean and renewable sources in 2024, Lopez Obrador said.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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