Dhamma Energy today announced the sale of a 130MW solar project located in the northern Mexican state of Sonora to Engie. The park will supply electricity through a long-term corporate power purchase agreement awarded to Engie by Gerdau.
Dhamma Energy started the project in 2014 and developed it until the ready to build phase. The project is set to be operational by the end of 2019 and Dhamma Energy will provide assistance throughout the construction phase and commissioning of the solar park by Engie.
"With this project, to date Dhamma Energy has developed and sold 390MW of solar PV that hold PPAs in Mexico and is one of the largest solar developers of projects under corporate schemes in the country," said cofounder of Dhamma Energy Philippe Esposito. "These are projects that are in construction phase."