Renowned Italian multinational electricity company the Enel Group has reportedly announced that it has started the construction of 220 MW solar park in Mexico through its subsidiary, Enel Green Power Mexico.
Reports cite, the solar energy park – called as The Magdalena II – is situated in the small state of Tlaxcala in central Mexico. The park would be equipped with photovoltaic solar power cells that can directly convert the solar energy into electricity.
According to a press release, the park would comprise over 550,000 photovoltaic modules and is expected to begin its operations by the end of 2019. The foundation stone of the project was laid down under the presence of Tlaxcala State Governor, Marco Antonio Mena Rodríguez, the mayors of Hueyotlipan and Tlaxco, Mauro León Garfias and Gardenia Hernández Rodríguez, and Enel Green Power (EGP) area manager for Central America & Mexico, Paolo Romanacci.
Romanacci stated that the Magdalena II is the next step in the firm’s expansion into the Mexican market. EGP’s entry into the state of Tlaxcala – which is touted as an abundantly solar resource rich area – confirms the company’s commitment to aid Mexico in satisfying its electricity needs by capitalizing on the nation’s renewable energy sources, Romanacci further added.
For the record, the International Energy Agency (IEA) describes the solar photovoltaic market in Mexico as nascent but with tremendous potential. The agency projects that the Mexican market would be experiencing massive growth over the coming years.
Following its completion, Magdalena II would be reportedly capable of producing approximately 600 gigawatts hours of energy on a yearly basis. Moreover, reports claim that the project would also prevent over 330,000 tons of carbon dioxide from being released into the atmosphere every year.
According to reports, the investment in the construction of the entire project is expected to reach about $165 million.