Atlas Renewable Energy has inaugurated the 129 MWp Guajiro solar photovoltaic plant in Nopala de Villagrán, in State of Hidalgo, Mexico.
The plant generates approximately 300 GWh annually and will provide clean energy to more than 120,000 families per year. Atlas Renewable Energy invested more than USD$118 million, with the participation of Bancomext, who provided long-term financing in the amount of USD$88.5 million.
The Guajiro Solar Plant has a power purchase agreement (PPA) with the Federal Electricity Commission (CFE). The project reached commercial operation on May 1, 2019.
The plant has more than 370,000 panels and spans over 410 hectares. As part of Atlas Renewable Energy’s business model where environmental safety is prioritized, more than 36,000 trees and almost 7,000 thousand non-tree species were planted within the project’s area. It is estimated that Guajiro’s operation will prevent the emission of 215,000 tons of carbon dioxide per year.
