Neoen Mexico PV Project Off Line
375 MW El Llano Solar Project At Pre-Operational Testing Stage In Mexico Halts Production Due To CENACE Ruling; Project Operator Neoen Estimates EBITDA Shortfall At Around $2 Million A Month
CENACE has cited COVID-19 as the reason to stop operations and critical tests for solar and wind power projects in Mexico, including Neoen's 375 MW El Llano Solar Project.
Mexican Solar & Wind Projects Come To A Standstill
Bloomberg: CENACE Stops All Critical Tests For Clean Energy Projects In Mexico Preventing Grid Connection For Solar Power Projects Among Others Due To COVID-19; CCE Threatens Legal Action
Mexico’s renewable energy generation industry represents over $20 billion of investment, as per CCE that believes CENACE move discourages the private sector and threatens this essential economic activity.
