BACK TO PIPELINE
Project

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

Sector: Electricity


Last Revision

November 04, 2024
Power Auction:
SLP-1/2015: First Long Term Power Auction
 
Short Name of the Project:
0585 CENACE. 1st Long Term Power Auction (SLP-1/2015) San Ignacio
Type of Investment:
Brownfield
Subsector:
Solar Power
Asset (s):
 Solar Farm 21.78 MW 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

540,000,000

Estimated Investment USD:

31,578,947

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 “San Ignacio" photovoltaic power plant with a total production capacity of 21.78 MW in the state of Yucatan. The plant has the following features:
Power Zone: National
Export Subarea: “Peninsular”
Price Area: Merida
Interconnection Zone: SAN IGNACIO IGN-115

Jinkosolar Investment, was assigned the following contract through CENACE's 2015 long-term power auction:

Contract number: SLP2015010331-06 related to:
- Energy for 48,748 MWHr/Year during 15 years and issue Renewable Energy Certificates (CEL) for 48,748 CEL/Year during 20 years, with an offered price of MXN$48,748

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Private
Type of Contract
  Assignment
Term
15 years
Selection Process
Public Auction
Financing Sources
Private
100 %
MXN
540,000,000
USD
31,578,947
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 November 30, 2015
Proposals Reception January 20, 2016
Ruling March 31, 2016
Contract Signing July 12, 2016
Execution/Construction Starting Date January 12, 2018
Operation Starting Date November 06, 2018
Term of the Contract 2033
Contractor
Energía Solar San Ignacio  
Major Contractor’s Shareholders
Jinkosolar Investment

GEOLOCATION
State(s)
Yucatan   
Responsive image
Go to GIS for this project

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
Responsive image
Entity
Private
Department
Jinkosolar Investment
WebsiteInstitutional Arrangement

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to generate 37.7GWh per year of alternating current electricity and its respective Clean Energy Certificates in Progreso, Yucatán, contributing to reduce the emission of 3.54 tons of CO2 per day, generate local jobs, demand for local services and products that will benefit the local economy.

* 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.

DOCUMENTS USED:

ADDITIONAL INFORMATION
Responsive image
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
31YU2017E0024
Permits
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 2015
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/1135/GEN/2014
Permit
ID
Proemio: E/1135/GEN/2014
Resolutions Additional Information

MULTIMEDIA
0583 CENACE: 1a Subasta Eléctrica de Largo Plazo (SLP-01/2015) Las Viboril... 0586 CENACE: 1a Subasta Eléctrica de Largo Plazo (SLP-1/2015) Kambul

Follow the Project

Leave your e-mail to receive updates on this Project.

 I have read and I accept the Privacy Notice