MEXICO | Puebla | 300 MW | Under Construction

Alten Energías Renovables is developing a 300 MWp photovoltaic plant in the state of Puebla (Mexico), with investment of around US$220 million.

The plant will be financed by Alten Energías Renovables’ own funds (50%) and by the Japanese company Sojitz Corporation (50%), with co-financing from a Mexican development bank, a multilateral institution and a retail bank.

Construction is expected to start at the end of April 2020 under the management of Grupo Ortiz, and to take 14 months. Commissioning will take place in the second quarter of 2021.

Sale of the energy and the clean energy certificates generated will be through bilateral PPAs and merchant sales.

The installation will generate around 700 GWh/year of clean energy, equivalent to the approximate electricity supply for a town of 350,000 people, avoiding 315,000 tonnes of carbon emissions every year.

The project is managed by Alten Energías Renovables.