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Cubico takes Mexican 350MWp solar project to finish line

October 02, 2019 / José Rojo Martín

One of the top solar projects supported under Mexico’s now-paralysed auction scheme has been powered up, around two years after development got underway. On Wednesday, Cubico Sustainable Investments announced its 350MWp Solem project has reached commercial operation at its site in Aguascalientes, a state in central Mexico. Together with a 250MW wind farm in Nuevo León, now also live, the solar plant will provide enough output to power 200,000 homes and bring 800,000 tonnes in CO2 savings, Cubico said. In a statement, the firm noted both installations will supply state-run offtaker CFE, as stipulated under contracts secured at Mexico’s US$4 billion renewable auction of 2016. Osvaldo Rancé, who heads up Cubico’s Mexican operations, said the PV and wind plants will sell “the bulk” of their output and clean energy certificates to CFE at “very competitive prices”. Construction of 350MWp Solem kicked off in October 2017 at El Llano municipality, a six-hour drive to the northwest of capital M...