DIANA Hristova | SEENEWS RENEWABLES —
Mexico-based Energy Partners Latin America (EPLA), an affiliate of Intermountain Energy Partners Llc, has recently presented a plan to construct a 150-MW photovoltaic (PV) plant in Baja California state for the industrial sector.
The power purchase agreements could save the customers USD 447 million (EUR 416.8m) over a 25-year period through discounts from the electricity tariffs, as announced at an event in Tijuana last week.
Set up in Baja California in 2014, EPLA focuses on renewable energy and water reclamation projects in Latin America. The announced PV park will likely be installed in Mexicali municipality as of the end of 2015 and implies an estimated USD 142.5 million for suppliers in the state.
The whole project will cost USD 279.5 million, Enrique Barrios, president of the company, specified in a report of El Economista on Wednesday. Initially, the company expects to secure contracts with 35 to 50 customers for part of the PV capacity that could go on stream in May 2016.