Acciona and Tuto Energy to expand Mexico’s biggest solar plant

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Acciona and Tuto Energy will add an additional 112MWp to the project, increasing its capacity by 50%. Source: Acciona Energia.

Spain’s Acciona and Tuto Energy have teamed up to build what will be Mexico’s largest solar plant, by signing a PPA to add an additional 112MWp to the existing 227MWp Puerto Libertad solar project.

The Puerto Libertad PV plant will see its capacity increase by 50% through the joint venture and will produce enough clean electricity to power 489,000 homes annually. The project is located in the Mexican state of Sonora, with the first phase of the project being previously completed by the Federal Electricity Commission (CFE) following the country’s second power auction in September 2016.

The additional capacity is scheduled to be completed within the next two years; allowing the 339MW plant to be operational by 2019. Construction will begin in the last trimester of this year, according to the companies.

Acciona will assume EPC responsibilities for the project, in its debut venture into the Mexican solar market. Acciona already claims a market leading position for the country’s wind sector, with 858MW currently installed.

“We are very pleased with this agreement, which gives the Puerto Libertad project the right dimension. It will be the biggest photovoltaic plant in Mexico, from where we will generate electricity to cover already-committed public and private consumption”, said Acciona’s Mexico director Miguel Ángel Alonso. He also thanked Tuto Energy and the Biofields Group – the parent company of the former – “for its trust in our company as a partner for the project and as a client. I am sure that the future will show that this was a sound decision”.

Roberto Giesemann, CEO of the Biofields Group, also commented: “This initiative represents a major step forward in the consolidation of our subsidiary Tuto Energy. We will continue working to position it as one of the key companies in the renewables sector in Mexico. The Biofields Group will continue with its commitment to develop and invest in projects that contribute to the sustainability of our group and our country.”

Read Next

May 10, 2021
Spanish energy company Acciona plans to carry out an initial public offering (IPO) of its renewables unit before the end of June despite recent volatility among Spanish green energy stocks.
May 7, 2021
Danish utility giant Ørsted has completed its first utility-scale solar-plus-storage facility in the US.
May 4, 2021
Spanish renewables developer and independent power producer (IPP) Grupo Ecoener has seen its shares slide on its market debut today.
April 21, 2021
International renewables developers are rushing to secure projects in Brazil before the government takes away subsidies for new solar and wind farm installations next year.
April 12, 2021
Spanish energy company Acciona has secured shareholder approval for an initial public offering (IPO) of its renewables division, providing a boost for the firm’s plans to reach 6GW of installed PV by 2025.
April 8, 2021
Green hydrogen may become cheaper than natural gas by 2050, falling by 85% over the next 30 years, but declining costs in the solar sector will be crucial for the nascent technology's growth.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021