Envision, a leading global smart energy solution provider, announced a strategic partnership with Bow Power to evaluate, develop, and operate utility-scale wind farm projects in Latin America, starting with a 90-megawatt project in the Peninsula of Yucatan, Mexico. This collaboration brings together state of the art technology and services provided by Envision, with engineering, construction and asset management capabilities from Bow Power and affiliate companies.
The Envision – Bow Power joint venture in Energia Renovable de la Peninsula, developed by Envision's local partner ViveEnergia, was awarded with two power purchase agreements (PPAs) with Mexico`s utility company CFE in the 1st Renewable Energy Auction (energy and clean certificates) and a third contract in the 2nd Auction offering capacity.
The 90 MW wind farm is expected to be operational in 2018.