Hybrid Solar Thermal Power Plant

Project Summary

The 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.

Project Details

GEF Project ID
12
Project Type
Full-size Project
Status
Completed
Country
Mexico
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
CFE and IPP
GEF Project Manager
Christine Woerlen |

Project Documents

Sorry, no documents available

Financials

Project Preparation Grant Amount
350,000 USD
GEF Project Grant
49,350,000 USD
Co-financing Total
128,300,000 USD
GEF Agency Fees
1,601,000 USD
Total Cost 178,000,000.00 USD

Project Timeline

Received by GEF
Preparation Grant Approved
08 May 1999
Concept Approved
01 Dec 1999
Project Approved for Implementation
01 Sep 2006
Project closed
31 Dec 2015