Advertisement
Australia markets closed
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • AUD/USD

    0.6423
    -0.0003 (-0.04%)
     
  • OIL

    83.56
    +0.83 (+1.00%)
     
  • GOLD

    2,413.10
    +15.10 (+0.63%)
     
  • Bitcoin AUD

    100,414.90
    +1,950.34 (+1.98%)
     
  • CMC Crypto 200

    1,377.94
    +65.32 (+4.98%)
     
  • AUD/EUR

    0.6026
    -0.0005 (-0.08%)
     
  • AUD/NZD

    1.0899
    +0.0024 (+0.23%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,142.20
    -252.12 (-1.45%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    38,023.14
    +247.76 (+0.66%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

Sea of solar panels turns Mexican desert green

From a distance, it looks like a deep-blue sea has formed in the middle of the Mexican desert. But this is no mirage -- it's the largest solar park in Latin America. With 2.3 million solar panels -- covering the equivalent of 2,200 football fields in the arid northern state of Coahuila -- the Villanueva power plant, built by Italian energy company Enel, is part of Mexico's push to generate 43 percent of its electricity from clean sources by 2024. Arrayed across the sand in seemingly endless rows that stretch to the horizon, the solar panels are made to turn in tandem with the sun, like a giant field of shimmering metallic sunflowers. The $650-million project came online in December and is due to produce 1,700 gigawatt hours when fully operational later this year -- enough to power 1.3 million homes. Mexico won plaudits from environmentalists in 2015 when it became the first emerging country to announce its emissions reduction targets for the United Nations climate accord, ambitiously vowing to halve them by 2050. To get there, it is tendering clean energy projects in which private companies produce, sell and purchase electricity on an open market. The three projects tendered so far have generated an estimated $8.6 billion in investment. The resulting electricity will power some 6.5 million homes, according to government figures. The Villanueva plant is the largest solar project in the world outside China and India. The Villanueva photovoltaic (PV) power plant operated by Italian company Enel Green Power in the desert near Villanueva, a town located in the municipality of Viesca, Coahuila State, Mexico With 2.3 million solar panels, the Villanueva power plant is part of Mexico's push to generate 43 percent of its electricity from clean sources by 2024