After reaching record solar prices in its first renewables tender, Mexico is now holding a second auction, due to be finalised on 30 September and the subject of strong interest from global and local investors.

According to preliminary results, 57 companies put forward over 400 bids, which have allowed the off-taker – state-controlled power company CFE – to cover more than 80% of its power needs for the 15-year period starting in 2018.

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