In April, Mexico plans to power up the first phase of a huge solar energy project near a beach town popular with tourists making the short drive from the United States. Once completed, the full $1.6 billion project will have a generating capacity of 1,000 megawatts -- enough to power some 500,000 homes. It will be the largest solar project built by Mexico's state-owned electric company.
Mexico was pushed to accelerate its turn toward renewable energy after Russia invaded Ukraine last year drove a sharp increase in global energy costs, Mexico Foreign Affairs Secretary Marcelo Ebrard said late Thursday.
Once completed, the full $1.6 billion project will have a generating capacity of 1,000 megawatts -- enough to power some 500,000 homes. It will be the largest solar project built by Mexico's state-owned electric company. The Federal Electric Commission plans to have the first 120 megawatts of the project operational by April 29, Juan Antonio Fernandez, the commission's strategic planning director, said Thursday.
The turn toward renewable energy is at odds with other priorities of President Andres Manuel Lopez Obrador.
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