|Clean Energy Certificate (CEL)
||Security issued by the Mexican Energy Regulatory Commission (CRE for its Spanish acronym),
which certifies that a determined amount of electricity production comes from renewable sources.
|Coverage of Mexico Projects (NEXUS)
||Refers the contracts that the supplier enters into with the end consumer and which in
turn are transferred to the generation plant at a market price to cover the volatility
of the node's prices.
||Engineering, Procurement and Construction.
||Energy Service Companies. An ESCO is a company with the necessary resources
to execute projects that implement energy efficiency measures using renewable energies.
||Maximum output level (nominal power in MW) that a photovoltaic solar generation
plant can have by design based on its existing physical assets.
||Mexican Price and Quotation Index (Índice de Precios y Cotizaciones).
||Electric Industry Law of Mexico.
|Nominal Megawatt (MWn)
||Nominal power refers to the power of the inverter
(the electrical equipment that transforms the energy generated by
the panels into suitable energy for consumption).
|Megawatt Peak (MWp)
||Peak power refers to installed MW capacity.
||Spanish acronym for Small Means of Generation Distributed in Chile (Pequeños Medios
de Generación Distribuida). It is a power generation project with power surpluses of
less than or equal to 9 MW, which is connected to a distribution concessionaire’s
facilities. PMGD projects are entitled to receive remuneration on their generation
at a stabilized regulated price.
|PPA o PPAs
||Power Purchase Agreement (usually long-term).
||The SPV is a company created solely to serve as an investment platform for photovoltaic
projects. Typically, a different SPV is used for each photovoltaic project.
||An available remuneration scheme that guarantees stability in financial flows. By this means,
the energy produced is remunerated at a set price, regardless of the time of production.
It is calculated by the National Electricity Coordinator of Chile (CNE for its Spanish acronym)
every 6 months. The scheme was established in 2006.