Mexico

Covid-19 to wreck economics of new solar and wind projects

While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.

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Macquarie buys 90% stake in 322 MW solar portfolio in northern Mexico

The solar assets were acquired by the company’s unit, Macquarie Infrastructure and Real Assets (MIRA). Spanish developer, Eosol will maintain a 10% share in the projects.

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