Five months ahead of schedule, Enel inaugurates US$ 220 million solar plant in Guanajuato
Italy-based utility company Enel, through its renewable subsidiary Enel Green Power Mexico (EGPM), today inaugurated the 238 MW Don Jose photovoltaic solar plant located in San Luis de la Paz, Guanajuato.
The investment for the construction of Don Jose, which achieved full production over five months ahead of schedule, amounted to approximately US$ 220 million.
The plant is supported by a contract for the sale of specific volumes of energy for 15 years and Clean Energy Certificates for 20 years with Mexico’s Federal Electricity Commission (CFE).
In addition, EGPM recently signed an agreement with CFE to expand the plant’s capacity by 10%, an option foreseen in the contract linked to the project and awarded to EGPM in Mexico’s first long-term energy auction in 2016.
The expansion, which will add 22 MW to Don Jose, will be completed in the second half of 2018 and will involve an investment of around US$ 21 million.
The Don Jose plant, including its expansion, will consist of more than 1,300 hectares of land, where more than 850,000 solar panels will be installed, capable of producing more than 625 GWh.
Enel Green Power Mexico is the largest renewable energy operator in the country in terms of installed capacity and project portfolio. Currently, the Company operates 1,415 MW, of which 675 MW come from wind energy, 687 MW from solar, and 53 MW from hydro power.
The company is completing the 754 MW Villanueva solar power plant and is building the 200 MW Amistad wind farm, both in the state of Coahuila, and the Salitrillos wind farm in the state of Tamaulipas. Recently, the Company signed an agreement with CFE for the 10% extension of the capacity of the Villanueva, Don Jose and Salitrillos plants.