EDP Renováveis SA (EDPR) has signed an electricity purchase and sale agreement (PPA) with Ammper, a leading provider of energy services, to sell the energy produced by the Los Cuervos photovoltaic solar energy park, with a capacity of 200 MW.
The Los Cuervos solar park, located in Mexico, is expected to start operating in early 2021. Given the installed capacity in this country and the projects that EDPR has already formalized there, the company's installed capacity in Mexico will reach 0.5 GW in 2021.
The contract is expressed in US dollars and has a minimum term of 15 years.
Country updates
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March 10, 2020
Canadian Solar signs PPA with Techgen for 103 MWp solar power project in Ojocaliente
Canadian Solar Inc. has signed a 15-year PPA contract with Techgen, S.A. de C.V. that will allow Canadian Solar to finance and build a 103 MWp solar power project located in Ojocaliente Municipality,...
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February 21, 2020
Vestas wins EPC order 108 MW Energía Sierra Juárez II wind project in Tecate
Vestas has secured an engineering, procurement, and construction (EPC) order for the 108 MW Energía Sierra Juárez II wind park, to be located in Tecate, Baja California, Mexico. The cont...
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February 20, 2020
Brookfield closes acquisition of 50% stake in X-Elio
Brookfield Asset Management has closed the acquisition of the 50% stake in the Spanish renewable energy developer X-Elio in the fourth quarter of 2019. In November 2019, the European Commission...
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February 19, 2020
Engie to develop 553 MW of solar in Mexico
Engie has confirmed the investment in a pair of solar projects totaling 553 MW it plans to develop in Mexican state of Tlaxcala. Specifically, the company will initially invest US$183 million in 253 M...
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January 21, 2020
X-Elio secures US$39m financing for Xoxocotla solar project
Spanish solar developer and operator X-Elio has secured a US$39.4 million financing for the development of its 70 MW Xoxocotla solar photovoltaic (PV) project in Mexico. IDB Invest has comm...
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