Mexico set to launch new renewables tender by end of April: Cenace
Mexico is preparing to launch its first renewables tender of 2017 by the end of April, as it continues to implement a programme that aims to reach 35% of non-hydro clean-energy supply by 2025.
The tender should be concluded by mid-October, said Eduardo Meraz Ateca, director general of Mexico’s grid operator and power sector regulator Cenace, which organises the tender.
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For the first time, said Ateca, Mexico will have additional power distributors buying electricity at the tender, following the start of the break-up of state power company CFE’s monopoly under recent energy reforms.
The announcement on the timings was made during the signature of PPAs contracted in the last tender, which ended in September 2016.
In two auctions last year, Mexico contracted 5GW of wind and solar projects that are expected to be built by 2019.
“From now until 2019, a total of 34 companies will invest $6.6bn to build 52 new green power generation plants,” said energy secretary Pedro Joaquín Coldwell.