International renewables company, EDP Renewables, said it secured a Power Purchase Agreement (PPA) with Ammper Energía S.A.P.I. de C.V. (AMMPER) to sell energy produced by the 200-MW Los Cuervos solar PV project, located in Mexico. The project is estimated to begin sending power to the grid in 2021.
The company said that with the addition of this project its footprint in Mexico will reach 500 MW of installed capacity in 2021.
EDPR currently has 1.2 GW of solar projects already contracted and aims to reach 1.5 GW of solar capacity build-out by 2022.
According to EDPR’s Strategic Update in March 2019, the company has now contracted 80% of the 7.0 GW targeted global capacity build-out for the 2019-2020 period.
João Manso Neto, CEO of EDP Renováveis, said that the project has “reinforced our commitment to the Mexican market, where we already have an installed capacity of 200 MW,” adding, “we continue to boost our role as one of the benchmark renewable energy producers around the world.”