La Esperanza Solar represents one of the largest combined solar and BESS projects in Mexico. Credit: harhar38/ShutterstockConstruction has begun on Mexico’s 420MWdc La Esperanza Solar project after Copenhagen Infrastructure Partners (CIP) reached a final investment decision and secured financing through the Growth Markets Fund II (GMF II). The project, representing CIP’s first project in Mexico to reach financial close, includes a 150MW/750MWh battery energy storage system (BESS) capable of storing energy for five hours. Find out moreLocated in the state of Campeche on the Yucatán Peninsula, La Esperanza Solar is currently under construction, with commercial operations expected to begin in 2028. La Esperanza Solar represents one of the largest combined solar and BESS projects in Mexico, and is seen as part of efforts to bolster the national electricity grid through new energy infrastructure and long-term investment.