Canadian Solar has won the right to develop three solar projects totally 367MW in Mexico in the country’s latest renewables auction.
Electricity from the projects will be sold to the Comisión Federal de Electricidad under 15-year power purchase agreements, and clean energy certificates under a 20-year deal.
The projects are expected to be connected to the grid by June 2020.
Canadian Solar chairman and chief executive Shawn Qu said: “We are delighted to win an additional 367MW of solar projects in Mexico, which expands our late-stage solar project pipeline in the country to 435MW.”
Image: Canadian Solar
