Laguna Solar Power Plant
Sector: Solar • Location: Mexico
Source: World Bank Group
The project entails the construction of a 125 MW solar power plant in Torreon, Coahuila, Mexico. SPV is 174 Power Global, a wholly owned subsidiary of Hanwha Energy that covers $ 41 million of the total cost while the rest of the finance is secured by Korea Development Bank and Bancomext as a debt. The plant’s electricity will be sold under a 15-year power purchase agreement (PPA) signed by Mexi
- Status
- Prospective
- Sector
- Solar, Car parking, Power Generation (CCGT), Government, Automotive, Commercial
- Location
- Mexico
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 125 MW solar power plant in Torreon, Coahuila, Mexico. SPV is 174 Power Global, a wholly owned subsidiary of Hanwha Energy that covers $ 41 million of the total cost while the rest of the finance is secured by Korea Development Bank and Bancomext as a debt. The plant’s electricity will be sold under a 15-year power purchase agreement (PPA) signed by Mexico’s Federal Electricity Commission. Financial close took place on October 17, 2018. https://www.hanwha.com/en/news_and_media/press_release/hanwha-energy-kicks-off-construction-of-landmark-laguna-solar-power-plant-in-mexico.html http://174powerglobal.com/hanwha-energy-begins-construction-of-125-mw-solar-plant-in-mexico/ https://mexico-now.com/index.php/article/4713-south-korea-based-hanwha-energy-begins-construction-of-us-115-million-solar-park-in-coahuila |
Original sector | Energy |
Budget |
Location
Country | Mexico |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Car parking, Power Generation (CCGT), Government, Automotive, Commercial |
Article published date | 2024-09-19 |
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