That compares with a the $70/MWh cap price of the first tender, said César Emilio Hernández Ochoa, undersecretary of power at Sener, the Secretariat of Energy.

The government expects to finalise the tender at the end of September. Mexico's state power company, CFE, plans to buy 10.6TWh of power annually over 15 years and 10 million 20-year clean energy certificates (CEL).

This