Local authorities inaugurate US$ 45 million PV plant in Chihuahua
Chihuahua state authorities today inaugurated the Parque Fotovoltaico Camargo, the second photovoltaic power plant fully operational in the state, which consists of 113,000 solar panels over a 90 hectares landscape.
The facility was built by Spain-based developer Gransolar for the Balam Fund, a private equity fund that invests focused in energy efficiency and sustainable projects
The Camargo PV Park has a production capacity of approximately 35.5 MW, equivalent to the electric power consumption of 30,000 homes; in addition, it avoids the emission of 60,000 tons of carbon dioxide per year.
The project was acquired by Balam Fund from Spanish renewable energy company Avant Energias Renovables for US$ 45 million in March 2016.
There’s currently three more PV plants under development in Chihuahua, a 60 MW plant in the municipality of Ascension, and two projects in Jimenez and Ojinaga of 30 MW each.