Published on July 17th, 2015 | by Joshua S Hill0
Enel Green Power Investing $220 Million Into Mexican Wind Farm
July 17th, 2015 by Joshua S Hill
International clean energy developer Enel Green Power is set to invest $220 million into a new wind farm to be developed in Mexico.
The Vientos del Altiplano wind farm will be developed in the Mexican state of Zacatecas, and upon completion will amount to 100 MW and will be able to generate 280 GWh annually.
This will be the state of Zacatecas’ first wind farm, and will be owned by Vientos del Altiplano S. de R.L., a subsidiary of Enel Green Power Mexico S. de R.L. de C.V. Specifically, the wind farm will be built in the municipalities of Mazapil and Villa de Cos.
The Vientos del Altiplano wind farm will consist of 50 wind turbines of 2 MW each, though no supplier has yet been announced.
Enel Green Power is set to invest a total of approximately $220 million into the construction of the Vientos del Altiplano wind farm, to be financed through Enel Green Power Group resources.
Construction completion is expected for sometime in the second half of 2016, and will provide electricity to the grid through a long-term Power Purchase Agreement.
This brings Enel Green Power’s installed capacity in Mexico up to around 400 MW, made up of 346 MW of wind power and around 53 MW from hydro.
Mexico is one of several countries in the world which are slowly moving their way up the chain of importance when it comes to renewable energy investment and development. A report from late May published by the International Renewable Energy Agency concluded that Mexico could increase its use of renewable energy in its energy mix to 21% by 2030, and save billions in the process.
Specifically, companies like Gamesa are targeting Mexico to help increase their global dominance for wind turbine sales, while other companies like Vestas Wind are continuing to seek inroads into countries like Mexico.
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