Nuevo Leon Solar PV Park is a 375.8MW solar PV power project. It is planned in Nuevo Leon, Mexico. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 375.8 375.8 Permitting Nuevo Leon, Mexico Fotowatio Renewable Ventures

Description

The project is being developed and currently owned by Fotowatio Renewable Ventures.

Nuevo Leon Solar PV Park is a ground-mounted solar project which is planned over 970.77 hectares.

The project cost is expected to be around $257.8m.

The solar power project consists of 939,500 modules, each with 400W nameplate capacity.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About Fotowatio Renewable Ventures

Fotowatio Renewable Ventures BV (FRV), a subsidiary of Abdul Latif Jameel Energy and Environmental Services, is a provider of renewable energy solutions. It offers engineering, procurement and construction (EPC), operation, maintenance, administrative, technical and legal consulting services. The company’s project portfolio comprises of montna farms, nellis air force base, potosi solar, rothenbach solar park, brook warehouse, la jacinta, olmedilla, mafraq-I and lilyvale among others. It develops, constructs, finances, operates, and manages solar energy projects across the countries. FRV caters services to construction, technology, power and investment firms. The company has operational presence in Australia, India, Italy, Jordan, Uruguay, Spain, Mexico and the US. FRV is headquartered in Madrid, Spain.

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.