How did wind and solar prices get so low in Mexico?

IN DEPTH | Even in a world of rapidly falling renewable-energy costs, the winning bids in the country’s recent tender were astonishing, writes Alexandre Spatuzza

A wind farm in the town of La Ventosa — literally, ‘the windy place’ — in Oaxaca, Mexico, which is surrounded by wind farms.
A wind farm in the town of La Ventosa — literally, ‘the windy place’ — in Oaxaca, Mexico, which is surrounded by wind farms.
Published 16 January 2018, 23:00Updated 26 January 2018, 11:27