Atlas Renewable Energy has announced the completion of the 98 MW La Pimienta solar photovoltaic (PV) project in Campeche, Mexico. Under the terms of a 15-year contract, the plant will provide energy to the Federal Electric Commission (CFE) to satisfy the Yucatan peninsula's electrical demands.
La Pimienta consists of almost a million solar panels that are installed on 651 ha. The solar facility will generate approximately 789 GWh annually, which is equivalent to providing energy for more than 300,000 households.
The solar project was financed by the Interamerican Development Bank (IDB), National Bank of Public Works and Services (Banobras), MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Société Générale.
Country updates
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October 31, 2022
Sempra, Silicon Valley Power sign PPA for 300 MW wind project in Baja California
Sempra Infrastructure and Silicon Valley Power (SVP) have signed a 20-year power purchase agreement (PPA) for Sempra's 300 MW Cimarrón wind project, which is being built in Baja California, Mex...
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June 09, 2022
ReVolve Renewable Power signs land lease for 300 MW wind project in Mexico
ReVolve Renewable Power has signed a land option agreement with private landowners for an additional 10,500 hectares located in the state of Nuevo Leon in northeast Mexico.
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May 30, 2022
ReVolve signs definitive agreement for the acquisition of Centrica Mexico
ReVolve Renewable Power Corp. has signed a definitive purchase agreement to acquire all of Centrica Business Solutions Mexico S.A.'s shares for MXN3 million (US$1.7 million). CBS Mexico is a Centrica...
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May 19, 2022
Delek Logistics secures ownership of 3Bear Energy
Delek Logistics Partners has signed a definitive purchase agreement for the acquisition of 100% of the equity interests of 3Bear Delaware Holding, an indirect subsidiary of 3Bear Energy, for a ca...
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April 06, 2022
Sempra, TotalEnergies to partner on California offshore wind project and Mexican LNG
Sempra and TotalEnergies are expanding their alliance through two memorandums of understanding (MOU)- one for Sempra Infrastructure's proposed Vista Pacífico LNG project in Mexico and...
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