El Mayo Solar PV Park is a 126MW solar PV power project. It is planned in Sonora, Mexico. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2021.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 126 | – | 126 | Permitting | Sonora, Mexico | Canadian Solar |
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Description
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The project is being developed by Canadian Solar. The project is currently owned by Canadian Solar with a stake of 51%, Korea Electric Power and Sprott Global Renewable III.
El Mayo Solar PV Park is a ground-mounted solar project.
The project is expected to generate 210,426MWh of electricity. The project cost is expected to be around $96.75m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2021.
Power Purchase Agreement
The power generated from the project will be sold to Comision Federal de Electricidad under a power purchase agreement. The power will be sold at the rate of $0.021kWh for a period of 15 years. The capacity to be procured is 103MW.
Contractors Involved
Canadian Solar will be the supplier of PV modules for the solar power project.
Canadian Solar is expected to perform operations and maintenance for the solar PV power project.
About Canadian Solar
Canadian Solar Inc (Canadian Solar) is a provider of solar energy solutions. The company designs, develops and manufactures solar ingots, wafers, modules, cells, and other solar power products. Its broad range of solar modules find application in residential, commercial and industrial solar power generation systems; and specialty solar products include customized solar modules that customers incorporate into their own products such as portable solar home systems. Canadian Solar serves distributors, project developers, system integrators and installers and EPC companies across Asia, America, Europe and other regions. It has manufacturing facilities in China, Taiwan, Canada, Vietnam, Thailand and Indonesia, and offices across the world. Canadian Solar is headquartered in Guelph, Ontario, Canada.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
