On March 22, Enel Group inaugurated its 745MW Villanueva PV plant located in Coahuila, which is expected to produce over 1,700GWh of electricity per year. The plant is made up of the Villanueva 1 and Villanueva 3 projects awarded during the first long-term electricity auction that took place in March 2016, and represent an installed capacity of 427MW and 327MW respectively.

 

 

At the time of the inauguration the plant was 41 percent completed, and once it reaches full production it will be the biggest Enel Group PV plant in the Americas with 2.3 million solar panels installed in an area of 2,400 hectares. For its full development Enel Group will invest an approximate US$650 million.

“Our expectation for the future is to maintain our leadership position in Mexico pertaining to renewable energy, both in terms of installed capacity and project portfolio. We believe that Mexico’s energy transition, from a matrix dominated by fossil fuels to greener energies, is proving to be successful and will continue to be in the future,” said Paolo Romanacci, Director General of Enel Green Power Mexico, in an exclusive interview with Mexico Energy Review 2018.

Paolo Romanacci, Director General of Enel Green Power Mexico

During the second and third long-term electricity auctions Enel Green Power was awarded 694MW for renewable power generation projects. Of those, 100MW are to be constructed in Tamaulipas’ Salitrillos PV plant awarded in the second auction, while the rest were awarded during the third auction in the form of the Dolores and Energía Limpia de Amistad II, II and IV wind projects to be developed in the states of Coahuila and Nuevo Leon.

In the third auction Enel Group made an international record-breaking offer for a price of US$17.7/MWh on a wind project. At first it was believed that the price was offered for a solar project, making heads turn all around the world.

It is worth noting that this announcement comes just weeks after the results of the first mid-term electricity auction were published and days after CRE and CENACE announced the fourth long-term electricity auction.

 

 

For more articles on Mexico’s energy industry, check out our blog!

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