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Detail of GEF Project #12

GEF Project ID12
IBRD PO ID66426
Funding SourceGEF Trust Fund
Project NameHybrid Solar Thermal Power Plant
CountryMexico
RegionLatin America and Caribbean
Focal AreaClimate Change
Operational Program7
PDF-B Approval Date1999-05-08
Approval Date1999-12-01
CEO Endorsement Date2006-09-01
GEF Agency Approval Date2006-10-05
Project Completion Date2011-04-30
Project StatusProject Completion
Executing AgencyCFE and IPP
DescriptionThe project will introduce a solar thermal component of about 29 MW to a 271 MW combined cycle gas turbine (CCGT) with an expected cost of the former ranging from US$1,650/kW to US$2,000/kW. It will include associated training, capacity building and monitoring activities. A GEF grant of between US$39.19 to 49.35 million to cover incremental costs is expected to equalize the cost of electricity generation from the hybrid compared to the pure CCGT. The baseline investment costs for the hybrid will be borne by an Independent Power Producer (IPP). This Mexico project is one of four similar projects in the world to be supported by GEF as part of a program to accelerate cost reduction and commercial adoption of large-scale non-carbon emitting generation technologies. The main global benefits of the project are: (a) the demonstration of operational viability of hybrid solar thermal power generation in Mexico, (b) contribution to accelerated market penetration of large-scale backstop power generation technologies; and (c) reduction of greenhouse gas emissions from power generation. The carbon savings of the project are estimated at 199,589 tC over the 25-year economic life of the plant.
Implementation StatusAfter a change in legislation, and in administration; the Project has been included as an option in an IPP tender document. Only if the winning bidder selects the solar option consistent with the original project design, will the project proceed.
PDF B Amount
350,000 USD
GEF Project Grant
49,350,000 USD
GEF Grant
49,700,000 USD
Cofinancing Total
128,300,000 USD
Project Cost
178,000,000 USD
GEF Agency Fees
1,601,000 USD
GEF Project (CEO Endo.)
49,350,000 USD
Cofinancing Total (CEO Endo.)
299,230,000 USD
Project Cost (CEO Endo.)
348,930,000 USD
Project Documents

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