June 28, 2013
At the tip of the Baja California Sur peninsular, La Paz is one of the sunniest spots in Mexico. It is also a location that calls out for a large-scale solar power operation.
Aura Solar is set to be just that: Mexico’s biggest ever photovoltaic plant. It will produce 30 megawatts – enough to supply 164,000 residents, or roughly two-thirds of the town.
In May, local developer Gauss Energía booked the necessary $75 million financing to get the Aura Solar power generation project started on the site: Nacional Financiera chipped in $50 million and the International Finance Corporation, $25 million.
“The Aura Solar project is in a privileged position to tear down barriers and myths around s
As wind power moves into the Mexican mainstream, solar and hydro projects prep for their moment in the sun