Italy’s Enel To Build Largest PV Plant In The Americas

Large-scale PV projects dominate the Mexican landscape with two auctions so far yielding very competitive bids for PV power plants in Mexico. Even though these auctions were open to a variety of power generation technologies, solar PV surprised observers by capturing about seventy percent of the auctioned capacity. Many of these plants in the first and second auction rounds will be built next year, catapulting Mexico from a sub one hundred MW market annually to a market with over 1 GW of annual installations. A third round is scheduled for this coming November and as many as eighty companies are expected to be in the race to participate.
One of these large-scale projects is the largest PV power plant in the Americas and consists of a 754 MW solar farm in Villanueva in the Mexican state of Coahuila. Italian power provider Enel secured this project as part of the 1 GW it was awarded in Mexico’s first renewable energy auction, which was held in 2016. In that auction, Enel had bid a very low USD 35.5 per MWh (plus 20-year clean energy certificates), putting Mexico in the list of countries with the lowest solar LCOE.
Source: PV Magazine