Nov 9, 2018

Construction starts on 220MW Enel solar park in Mexico

Olivia Minnock
1 min
Enel Green Power is constructing the Magdalena II solar park
Enel Green Power has begun construction on a 220MW solar PV plant in Mexico, as Enel group looks to bring more renewable resources...

Enel Green Power has begun construction on a 220MW solar PV plant in Mexico, as Enel group looks to bring more renewable resources into its energy mix and to expand its renewable offering globally.

The construction of the Magdalena II facility, which is set to be located in the state of Tlaxcala, will be carried out by subsidiary Enel Green Power Mexico and is set to involve investment of around $165mn.

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Paolo Romanacci, head of Enel Green Power Mexico and Central America, stated: “The company’s entry into the state of Tlaxcala, which boasts an abundance of solar resources, confirms our commitment to help Mexico meet its electricity needs by boosting the country’s renewable energy mix.”

Enel is expanding its renewable energy business across Europe and South America, too, having announced last month it will construct facilities in Brazil and Spain through its local subsidiaries.

A 475MW solar facility will be constructed in Brazil, for example, at a cost of about $390mn.


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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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