Jalisco Solar 1

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The project scope comprises the construction and operation of a 8 MW solar PV plant located in Governor of Jalisco, Guadalajara, Zacoalco de Torres. The plant is one of the country’s first merchant solar projects after the energy reform was introduced. As such the facility may sell output to the wholesale market in real time and to large private customers. The electricity produced will be enough to electrify 16,000 households. The project involves the installation of more than 25,000 solar panels. The Jalisco 1 solar plant was built by Mexican developer Fortius Electromecánica, while modules for the project were provided by the Chinese manufacturer Trina Solar. The project was completed with their strategic partners (Trina Solar, Alion Energy and ABB). The total investment cost amounts to $14 million and to the best of our knowledge is entirely equity financed. A second phase is to be built in cooperation with Tesla's Solar city on a later stage. The capacity of the second phase will be 8 MW, for a total of 16 MW. Since neither construction start nor financial close dates were available, for the purpose of this database, financial closure was estimated as the inauguration date - 25 April 2017. https://mexiconewsdaily.com/opinion/tesla-partner-fortius-opens-jalisco-solar-farm/ https://www.pv-magazine.com/2017/05/01/mexico-government-of-jalisco-commissions-8-mw-merchant-solar-plant/ The project was considered to be 100 equity financed since there is no indication of debt.