El Mayo Solar PV Park is a 126MW solar PV power project. It is planned in Sonora, Mexico. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
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Description
The project is being developed by Canadian Solar. Canadian Solar, Korea Electric Power and Sprott Global Renewable III are currently owning the project having ownership stake of 51%, 24.5% and 24.5% respectively.
El Mayo Solar PV Park is a ground-mounted solar project.
The project is expected to generate 210,426MWh of electricity.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
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.
For more details on El Mayo Solar PV Park, buy the profile here.
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. A broad range of its 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, among others. Canadian Solar is headquartered in Guelph, Ontario, Canada.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
