The Italian inverter manufacturer Fimer Spa announced it will provide its inverters for a 754 MW PV project in Mexico. The company was granted €9 million in funds by the German bank Deutsche Bank and Italian export credit agency SACE to finance the shipments of the inverters for the project.
The company has specified its devices will be mounted on a 754 MW solar plant selected in Mexico’s latest energy auction, which was held last year, without providing further details. Although Enel has not confirmed that Fimer was the selected inverter supplier for the project, it is quite likely that the plant is the 754 MW Villanueva project, which is being constructed by Enel Green Power, the renewable energy unit of the Italian power utility. The project was the only installation of this size selected in the 2016 Mexican energy auction.
The value of the supply contract was not revealed. Fimer said it will provide 616 of its R 11015 TL 1500V devices for the project.
In a statement to pv magazine, the company has also said it intends to increase the annual production facility in Vimercate, in the Italian northern region of Lombardia, from 3,560 MW currently to 4,340 in 2019. The company currently employs 195 workers at the factory. The capacity expansion, Fimer added, is aimed at supporting the company’s pipeline of 2.4 GW. Fimer has supplied approximately 1.8 GW of inverters to date.
Enel Green Power started construction of the Villanueva project in late March. The project is part of the 1 GW capacity that Enel won in Mexico’s first energy auction, which was held in 2016. The project consists of the Villanueva 1 plan, which has a capacity of 427 MW, and the 327 MW Villanueva 3 project, which will be built simultaneously.
Enel is investing €650 million in the project, which is scheduled for completion in the second half of 2018.