Mexico eyes US energy exports from solar farm, chip supply chain role

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Mexico eyes US energy exports from solar farm, chip supply chain role
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Mexico's northern state of Sonora wants to export clean energy to California and Arizona from a massive new solar farm project and play a role in the chip supply chain given TSMC's $40 billion investment in Arizona, Sonora's governor said.

while he was in Taipei to discuss possible investment in his state, though was not planning to meet TSMC.

Foxconn, which has made electric vehicles a major part of its future development strategy, has large operations in Mexico but no plants in Sonora. "Our interest in Foxconn is in establishing semiconductor plants, and also, eventually, factories of some or all the stages of e-mobility," added Durazo, who is only visiting Taiwan on this overseas trip.

Durazo said he would like a TSMC chip plant in his state, and that he would be visiting the Hsinchu Science Park, where the chipmaker does much of its manufacturing in Taiwan. "Assuming as a natural complement of all these processes of relocation of investment in Arizona, we also see TSMC as an obvious option for Sonora state," he said.Sonora also boasts major lithium deposits, which Lopez Obrador formally nationalised in Mexico earlier this year.To facilitate production, Durazo underlined that private investors would be able to partner up with the incipient national lithium company LitioMx on the condition they established supply chains in Sonora.

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