Project

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

Sector: Electricity


Last Revision

October 25, 2024
 
Short Name of the Project:
0556 CENACE: 2nd Long Term Power Auction (SLP 1/2016) Xoxocotla
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 70 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

1,704,000,000

Estimated Investment USD:

99,649,122

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

DESCRIPTION

The project consists of the design, construction, equipment, installation, operation and maintenance of Xoxocotla photovoltaic power plant with a total production capacity of 70 MW in the state of Morelos. The plant has the following features:
Power Zone: National
Export Area: "Oriental"
Export Subarea: "Oriental-Puebla"
Price Area: Puebla
Interconnection Zone: TLATIZAPAN TLZ-85 73090 PUENTE DE IXTLA PTI-TLZ-

X-Elio Energy, through CENACE’S 2016 Long-Term Power Auction, was assigned the following contract with the power plant Xoxocotla:

Contract number: SLP2016010128-07 related to:
- Power for 14 MW/Year during 15 years, energy for 169,365 MWHr/Year during 15 years and Renewable Energy Certificates (CEL) for 169,365 CEL/Year during 20 years, with an offered price of MXN$93,321,092

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Others
100 %
MXN
1,704,000,000
USD
99,649,122
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
Execution/Construction Starting Date February 28, 2018
Operation Starting Date June 30, 2019
Term of the Contract 2034
Contractor
X-Elio FV Xoxocotla  
Major Contractor’s Shareholders
China Three Gorges, Kinich Energía Holding

GEOLOCATION

State(s)
Morelos   

Entity in charge of controlling the possession of communal land, as well as providing documentary legal security derived from the application of the Agrarian Law, and is the operator of the Geospatial Information System (SIG).

SPONSOR

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Entity
Private
Department
X-Elio Energy

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to produce 187 GWh per year from Morelos, taking advantage of an area of 222 ha with a photovoltaic park in Morelos, with a total capacity of 70 MW to satisfy the energy demand of 54,961 homes and save the emission of 121,683 tons of CO2 per year.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

ADDITIONAL INFORMATION

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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
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Source
Secretaría de Medio Ambiente y Recursos Naturales
Description
Federal government entity and sectorial authority responsible for establishing the necessary criteria and instruments to guarantee the protection, preservation, and use of natural resources, by developing an environmental policy that ensures sustainable growth.
ID
17MO2017ED009
Permits
ID
17MO2018E0017
Permits, extension
ID
17MO2020ED042
Permits, transmition line
ID
17MO2018E0010
Permits, transmition line and substation
ID
17MO2019E0035
Permits, 3rd stage
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Source
Secretaría de Energía
Description
Federal Government entity responsible for controlling, managing and regulating Mexico’s energy resources, and establishing the national energy policy.
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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/1940/GEN/2017
Permit
ID
Proemio: E/1940/GEN/2017
Resolutions More information
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Source
Concessionaire / Related Company

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