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The project is a 120 MWp floating solar power plant in Mexico, financed by a 150 million euros non-sovereign loan to Comisión Federal de Electricidad (CFE). It focuses on the energy sector and contributes to Mexico’s objectives of increasing its renewable energy capacity. The total project budget is US$167 million. Mexico has over a hundred hydroelectric power plants with a total capacity of 12.6 GW, representing 14.4 percent of installed capacity by 2022. These plants have varying load factors depending on the season and time of day and can even be low in certain watersheds with less favorable hydrology. This low utilization rate makes it possible to combine these facilities with photovoltaic generation facilities, which are highly complementary. Click to Read |
