The solar market is becoming increasingly competitive and in Latin America. Mexico has attracted the interest of Chinese solar PV firm, JinkoSolar Holding Co., Ltd. The company signed 3 PPAs with the Mexican Federal Electricity Commission (CFE), to provide 188 MW of solar energy beginning in 2018. Electricity generated will be sold to the CFE for a 15-year period and afterward, to related Clean Energy Certificates. The first 18 contracts were awarded to 11 companies and a second auction will take place in September. Mr. Xiande Li, Chairman of JinkoSolar confirmed, “Mexico is a very attractive market for solar power and showing great potential which we intend to take advantage of.”
Related Stories
-
-
-
