Ticul 1 Solar PV Park is a 310.5MW solar PV power project. It is planned in Yucatan, Mexico. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 310.5 | – | 310.5 | Permitting | Yucatan, Mexico | Vega Solar 1 SAPI de CV |
|---|
Description
The project is being developed and currently owned by Vega Solar 1 SAPI de CV. The company has a stake of 100%.
Ticul 1 Solar PV Park is a ground-mounted solar project which is planned over 737.919 hectares.
The project cost is expected to be around $297.6m.
The project consists of 1,228,000 modules.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
Power Purchase Agreement
The power generated from the project will be sold to Comision Federal de Electricidad under a power purchase agreement.
About Vega Solar 1 SAPI de CV
Vega Solar 1 SAPI de CV (Vega Solar 1) focuses on generation, procurement,distribution and production of power from renewable energy. The company is headquartered in Mexico.
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.
