EDP Renováveis (EDPR) has secured a power purchase agreement with Ammper Energía (AMMPER) to sell the produced energy from the Los Cuervos solar PV project.
The Los Cuervos solar project, located in Mexico, is expected to start operations in the beginning of 2021.
EDPR has now contracted about 80 percent of the approximately 7.0 GW targeted global capacity build-out for the 2019 to 2022 period.
“We are very pleased with the progress of our PPA strategy with landmarks such as the one we are announcing today. We have reached 80% of the ambitious goal of incorporating 7 GW into global capacity, which we set out in our business plan, and we still have two years to go. Furthermore, we have reinforced our commitment to the Mexican market, where we already have an installed capacity of 200MW, and we continue to boost our role as one of the benchmark renewable energy producers around the world. Finally, I would like to make special mention of our commitment to maintaining our investment plan to 2022, despite extraordinary current circumstances.”João Manso Neto, CEO of EDPR.