Mexican Solar Sets a Record Low Price for Latin America

Prices for solar in Mexico’s latest auction may not have set a new world record, but have raised eyebrows among analysts nevertheless.

Average solar prices were in the $20 per megawatt-hour range, said GTM Research Americas solar analyst Manan Parikh. “I was surprised the average cost of solar broke the thirties because I thought the prices would stabilize more, given that the commissioning date is still only two and a half years out,” he said.

Source: Greentech Media