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The company is progressing with the Wayra Solar wind–solar complex in Ica, which will exceed 400 MW of installed capacity and is expected to begin commercial operations in the final quarter of the year.
The 18 MW project marks a milestone for offshore wind in South America, as regional governments move to establish regulatory frameworks and attract renewable energy investment.
Permits, grid access and financial structure will determine which renewable energy projects succeed in Mexico’s highly competitive 7.5 GW mixed-investment call.