Sunday, June 23, 2024

Puebla solar investment worth US $235 million

Two companies have announced an investment of US $235 million to build a solar electricity plant in the municipality of Cuyoaco, Puebla.

The Spanish company Iberdrola and Mexico’s Grupo Alquimara will start the project later this month and expect it to be finished by the end of 2020.

Representatives from the two companies met with Puebla Governor Miguel Barbosa Huerta on Tuesday.

The investors said that the Cuyoaco plant will have a capacity of 300 megawatts, equivalent to the energy consumed by 162,800 homes. Around 1,500 people will be employed in its construction.

The plant will cover 755 hectares of agriculture land in the municipalities of Cuyoaco and Ocotepec, where solar panels will cover 674 hectares, and substations will occupy the remainder.

This is the third project carried out by Iberdrola and Alquimara in Puebla. The consortium has built a wind farm in the municipality of Esperanza, which was inaugurated in 2015 and has a capacity of 65 megawatts, and another wind farm in Cañada Morelos, which will be inaugurated later this year and will have a capacity of 220 megawatts.

Governor Barbosa said the projects fit with his government’s policy to promote investment in renewable energy.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
U.S. Treasury Secretary Janet Yellen announces the new sanctions against La Nueva Familia Michoacana, speaking at a podium

US announces new sanctions targeting members of La Nueva Familia Michoacana

2
U.S. officials said the sanctions target leaders, lieutenants and an assassin working for the criminal organization La Nueva Familia Michoacana.
A fisherman points out the bubbling "water eye" in the ocean off Cozumel Island, with a cruise ship and another fishing boat in the background.

Churning ‘water eye’ appears off coast of Cozumel Island in Quintana Roo

0
The phenomenon is a result of the Yucatán Peninsula's unusual geology.
A person pours water on his face under blazing sun

Heat-related death toll climbs to 155, more than doubling in 3 weeks

0
Tabasco and Veracruz account for nearly half of all heat-related fatalities in the country so far this year.