Project

DESIGN, CONSTRUCTION, EQUIPMENT, INSTALLATION, OPERATION AND MAINTENANCE OF A PHOTOVOLTAIC POWER PLANT IN THE STATE OF SONORA.

Sector: Electricity

This project is no longer a long-term investment opportunity

Last Revision

November 25, 2024
Power Auction:
SLP-1/2016: Second Long Term Power Auction
 
Short Name of the Project:
0530 CENACE: 2nd Long Term Power Auction (SLP-1/2016) At Solar I
Type of Investment:
Archived Project
Subsector:
Solar Power
Asset (s):
 Solar Farm 50 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2024: $ 17.1
Contract Scope:
  Design,  Construction,  Equipment,  Installation,  Operation,  Maintenance
DISPLAY ALL

DESCRIPTION
The project consists of the design, construction, equipment, installation, operation and maintenance of “At Solar I” photovoltaic power plant with a total production capacity of 50 MW in the state of Sonora. The plant has the following features:
Power Zone: National
Export Area: “Noreste”
Export Subarea: “Noroeste-Hermosillo/Cananea”
Price Area: Hermosillo
Interconnection Zone: PUERTO LIBERTAD PLD-230 93050 SANTA ANA STA-230

At Solar was assigned the following contracts through CENACE's 2016 long-term power auction:

Contract number: SLP2016010030-22 related to:
- Power for 29 MW/Year during 15 years, with an offered price of MXN$19,439,280
Contract number: SLP2016010030-23 related to:
- Energy for 478,260 MWHr/Year during 15 years, with an offered price of MXN$222,030,010
Contract number: SLP2016010030-24 related to:
- Renewable Energy Certificates (CEL) for 478,260 CEL/Year during 20 years, with an offered price of MXN$111,014,782

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
N.A.
USD
N.A.
Payment Source
Project revenues / Rate
Electric Coverage Contract between “Suministro Básico” (Public Service Regulatory Entity) and the Generator.

STATUS
Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement April 29, 2016
Proposals Reception August 01, 2016
Ruling September 28, 2016
Operation Starting Date June 30, 2019
Term of the Contract 2034
Contractor
At Solar V  
Major Contractor’s Shareholders
Acciona

GEOLOCATION
State(s)
Sonora   

SPONSOR

ADDITIONAL INFORMATION
Responsive image
Source
Centro Nacional de Control de Energía
Description
Public entity whose objective is to exercise operational control over the national electric system and the operations of the wholesale electricity market, and to guarantee impartial access to the national transmission network and to the general distribution network
Website
 Ruling 2016
Responsive image
Source
Comisión Reguladora de Energía
Description
The Energy Regulatory Commission is an independent regulatory entity that fosters the efficient growth of the sector, as well as of a reliable power supply. Its mission is to regulate the activities of the power industry in a transparent, impartial, and efficient manner, in order to generate the required certainty that encourages productive investment, promotes healthy competition, and generates an adequate coverage of services.
ID
E/1350/GEN/2015
Permit
ID
PROEMIO: E/1350/GEN/2015
Resolutions Additional information

MULTIMEDIA

REMARKS
Previously, the permit E/1349/AUT/2015 was given by the Energy Regulatory Commission (CRE). Now, Puerto Libertad (At Solar V) with the permit E/1350/GEN/2015 and resolution RES/2601/2017 covers the capacity of this plant.
0555 CENACE: 2a Subasta Eléctrica de Largo Plazo (SLP 1/2016) Mexsolar II 0531 CENACE: 2a Subasta Eléctrica de Largo Plazo (SLP-1/2016) At Solar II

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