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Add to Preferred SourcesThe International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a leading global developer of renewable utility-scale projects, has announced the financial close for Potrero Solar (296 MW dc), the company’s second solar farm in Mexico.
The plant it´s expected to be fully operational by mid-2020. With an approximate area of 700 hectares, Potrero Solar will be located in Lagos de Moreno, in the state of Jalisco, México, and will use bifacial photovoltaic (PV) modules, a new technology that has the ability to capture both direct sunlight from both the front and reflected light from the rear side.
The solar power farm will generate around 700 GWh of clean energy each year, enough to supply around 350,000 average Mexican homes and reduce the emission of 345,000 tons of CO2 annually. In addition, Potrero, which will be built by a consortium formed by multinationals Power China and Prodiel under an Engineering, Procurement and Construction contract (EPC), will boost the economic development of the local community, including the potential generation of 1,500 jobs during its construction phase.
Original source: IFC
Published on 18 September 2019