Mexico's stable policy environment and proximity to the US helped its cause Ivan Hernandez/Flickr By Alexandre Spatuzza in Sao Paulo Friday, April 15 2016 Updated: Tuesday, April 26 2016 If it wasn't clear before, Mexico has made it almost unquestionable – renewable auctions with long-term PPAs are fast becoming the preferred method for developers to expand their portfolios and for governments to add new, clean-generation capacity at cheap prices. 2016-06-16 17:07:24.0 GMT 2016-06-14 10:32:15.0 GMT 2016-06-14 16:14:42.0 GMT 2016-06-13 09:58:37.0 GMT 2016-06-09 07:24:54.0 GMT 2016-06-08 14:14:38.0 GMT 2016-06-06 13:32:22.0 GMT 2016-06-07 16:04:11.0 GMT 2016-06-08 11:38:17.0 GMT 2016-06-06 15:33:29.0 GMT 2016-06-06 14:53:19.0 GMT 2016-06-03 09:31:02.0 GMT 2016-06-01 19:37:16.0 GMT 2016-06-02 16:22:39.0 GMT 2016-05-25 18:04:55.0 GMT 2016-06-01 16:51:00.0 GMT 2016-06-02 12:04:04.0 GMT 2016-06-01 15:31:39.0 GMT 2016-06-01 10:09:04.0 GMT 2016-05-31 12:05:53.0 GMT To protect your subscription investment, we've instituted a security system to protect against the electronic redistribution of copyrighted Rechargenews content. Read more Close
Solar power is being bid “below cost” warn some experts, after last month’s auctions in Mexico, where the average solar price was $45/MWh. The US Department of Energy (DOE) has released a report on its latest auction results for solar, which concluded that prices were lower than expected at many auctions. However, Mexico’s peso devaluation and solid links with the US and Canadian markets have others feeling more positive. Mohit Anand, senior analyst at GTM Research, told Recharge: “Solar has certainly made a mark on Latin America and what we see now is just the tip of the iceberg".