BMW to Expand Solar Park in San Luis Potosi

BMW will install a larger solar park at its San Luis Potosi vehicle manufacturing plant. Meanwhile, Mexico and Qatar agree to work together on renewable technology projects to help both countries reach their clean energy goals.

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BMW to Expand Solar Capacity at Mexican Plant

BMW has plans to double its on-site self-supply capacity at its San Luis Potosi vehicle manufacturing plant. The expansion includes the installation of a larger solar park, which is expected to generate enough power to cover 26% of the plant's total energy consumption. The initiative aligns with BMW's commitment to sourcing 100% of its electricity from renewable sources. 

Mexico, Qatar Join Forces for Renewable Energy Transition

Mohammed Alkuwari, Qatar Ambassador to Mexico, proposed a partnership between both countries to undertake renewable technology projects. Through this partnership, the two nations can engage in the exchange of knowledge and best practices. “By leveraging Mexico's expertise and achievements in clean energy, Qatar can enhance its own understanding and implementation of sustainable energy solutions,” said Alkuwari.

Energy Policy Sets Back Wind Energy in Mexico

According to Energy Monitor, AMLO’s energy policy has slowed down wind energy production in Mexico. José Vela, Director, Energy Monitor, pointed out that this has caused the wind energy target, set by the Mexican Wind Energy Association at 12GW by 2022, to be disrupted. Data from the GWEC revealed that in 2022, installed wind energy capacity in Mexico grew only 2.2%, equivalent to 158MW, representing the smallest advance in this sector since 2011. 

Mexico’s CO2 Emissions to Rise by 29.8% by 2050

Mexico's Climate Initiative (ICM) warns that without corrective measures, the country's CO2 emissions could surge by a staggering 59.8% by 2050. Despite Mexico's commitment to increase the proportion of renewable energy sources to 35% of its energy matrix by 2024, there have been few updates on the process to achieve zero greenhouse gas emissions. According to the National Institute of Energy and Climate Change (INECC), an investment of US$126 billion is required to meet the energy transition objectives.

Green Tank, Beeok to Promote Sustainable Business Practices

Green Tank and Beeok will measure the plastic and carbon footprints of 25 Mexican and Caribbean companies to provide advice for the management of plastic waste and greenhouse gas emissions. The initiative considers the development and implementation of a calculator to measure the initial plastic footprint of each company’s products and services. In parallel, Beeok will measure the carbon footprint of the organizations with its already available module.

Mexican SMEs Demand Payments From Sapura Energy

More than 30 Mexican oil and gas SMEs have reported they are at risk of bankruptcy due to large overdue payments from the Malaysian company Sapura Energy. Those affected have initiated legal action to demand payment of more than US$32 million for the subcontracting works and services they performed for PEMEX and private clients. 

Investment Is Key to Take Advantage of Nearshoring: Mignot

During the celebration of the European Union Day, Gautier Mignot, EU Ambassador to Mexico, discussed the importance of private investment in Mexico to achieve the country’s 2030 energy goals. “We understand and respect the will of the Mexican government to strengthen the leading role of CFE in this matter, but private investment will be required,” mentioned Mignot. He also underscored the potential for nearshoring in Mexico, highlighting a foreseeable increase in energy demand, especially clean energy.

Key Role of Biogas in the Circular Economy

Guillermo Gómez Herrera, CEO, Consultoria Sustentable G2H, stressed the importance of Biogas, as it helps to reduce the extraction of natural resources and minimize the generation of waste. According to Gómez, biogas has gained relevance in recent years with different projects across the country. However, it is still necessary to work on the inclusion of energy use in waste management and extended producer responsibility.

One Step Closer to Choosing Your Electricity Provider

Arturo Gómez, CEO, EON Energy, talks about the inspiration to create Vowat, a service company that connects both parties of an energy trading contract. According to Gomez, the platform allows users to control their energy supply. “Our goal is to have a presence in all of Latin America and to manage at least 80% of the electricity through Vowat. Our intention is to make Vowat an information tool for operators and thus be able to make consumption more efficient,” he pointed out.