The Energia Limpia de la Laguna photovoltaic plant has been completed and connected to the grid, following the construction work carried out by the Spanish company GRS since the end of last year. With a capacity of 35.49 MWp, and a generated energy equivalent to the electricity consumption of approximately 25,000 homes, its clean energy is expected to prevent the emission of more than 50,000 tons of CO2 per year into the atmosphere.
The project has been carried out in EPC mode (turnkey), following the signing of a contract between the construction company GRS and Balam Fund last year. Energia Limpia de la Laguna is located in the northern area of Mexico, near the city of Tlahualilo de Zaragoza, in the state of Durango.
The project consists of 108,314 polycrystalline photovoltaic modules mounted on 98 multiple-row single axis solar trackers. The plant is registered under the self-supply scheme, and Farmacias del Ahorro, the leading pharmaceutical chain in Mexico will purchase the energy produced under a long-term purchase agreement.
With 13 years of experience in the photovoltaic solar industry, the Spanish GRS operates in all sections of the renewable energy project value chain, except for technological components. The company has successfully completed the construction of more than 90 photovoltaic plants worldwide, with an accumulated power that will exceed 1.5 GW during the next year. It has an increasingly prominent presence in Mexico: it started its activity in the country in 2014, and in 2016 it opened its delegation in the capital, Mexico City.
For its part, the Mexican Balam Fund is a private equity fund manager specialized in investing in energy generation projects based on renewable sources, cogeneration, energy efficiency and sustainable projects. Currently, it has a portfolio of solar and wind projects exceeding 500 MW in operation or at an advanced construction stage.
Energia Limpia de la Laguna is the second EPC project in which GRS and Balam Fund successfully collaborate in Mexico. The first was the photovoltaic plant in Camargo, in the state of Chihuahua, with a capacity of 35.46 MWp and completed in 2016.