Name of the Project
Laguna solar power plant.
Location
The project is located in Torreón, Coahuila, Mexico.
Client
Hanwha Energy.
Project Description
The project entails the construction of a 125 MW solar power plant.
The project will produce enough electricity to power more than 25 000 homes.
The plant’s electricity will be sold under a 15-year power purchase agreement signed by Mexico’s Federal Electricity Commission.
Potential Job Creation
Not stated.
Value
The cost of the project will be almost $115-million; 60% will be financed by Korea Development Bank and a bank in Mexico.
Duration
The project is expected to come on line in March of 2019.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Hanwha Energy, tel +82 2729 3099, fax +82 2729 3063 or email hanwhaenergy@hanwha.com.