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Mexico plans to ask US President Joe Biden for as much as USD 48 billion in financing for solar projects, Foreign Relations Secretary Marcel Ebrard said on Tuesday. Ebrard said the request will be presented to Biden at the upcoming January 9-10 meeting of US, Canadian and Mexican leaders in Mexico City. Mexico hopes to build solar energy parks in the northern border state of Sonora, along with power transmission lines. Mexico hopes to receive some of the funding from the North American Development Bank, or NADBank. The bank funds green development projects, but has never provided financing on anything near the scale Mexico is requesting. Mexico also may get some of the funding between now and 2030 by issuing debt bonds. The solar parks are to be run by Mexico's state-owned utility, which has been involved in a trade dispute between Mexico and the United States. The US and Canada accuse President Andrs Manuel Lpez Obrador of trying to favor Mexico's state-owned utility over power