Mexico

SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss

Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.

5

Renewables comprised 15% of Mexico’s electricity generation in 2015

Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.

1

North American leaders to set out target of 50% “clean” electricity by 2025

Obama, Trudeau and Peña Nieto will be presenting the target, which will include nuclear and carbon capture and storage, at a summit of the three leaders.

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