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News Article

Investments in Mexican Solar Parks; Europe Defends Green Economy

By Dalia Maria de León | Fri, 04/17/2020 - 17:23

There is a new solar park in the works: Parque Solar La Palapa I. A new European alliance to defend a green economic recovery emerges. In other news, the Los Cuervos park will sell energy to Ammper. Read about it in your weekly energy roundup!

 

Mexico

Next Energy Prepares Solar Park in Nuevo Leon

The company Next Energy México prepares the project "Parque Solar La Palapa I," to be located in the municipality of Cerralvo, Nuevo Leon, worth a total investment of US$38 million. The photovoltaic park will have a generation capacity of 22.5MW and the energy will be generated through 65,520 solar modules.

 

“Los Cuervos” Photovoltaic Park Will Sell Energy to Ammper

The Portuguese company EDP Renováveis signed a PPA with Ammper, an energy services provider, to sell the energy produced by the Los Cuervos photovoltaic solar park with a capacity of 200MW. The Los Cuervos park is located in Aguascalientes and it is expected to come online in early 2021.

 

International

New European Alliance to Defend a Green Economic Recovery

Political representatives, business executives, associations and NGOs urged the EU to overcome this recession through the fight against climate change. The new European Alliance for Green Recovery, through a manifesto, asked the European Commission to use the Green Pact (which was under development when the pandemic broke out) to get out of this economic crisis. The 180 signatories placed extra emphasis on the fact that abolishing the pandemic is "top priority." However, Europe must provide "a strong coordinated economic response" and one way to make this happen is to invest heavily to "trigger a new European economic model" that is attached to "ecological principles."

EDF Lowers its Nuclear Output Projections for 2020

French company EDF announced that it was projecting down its expected nuclear output for this year. The company explained that in response to COVID-19, it decided to make arrangements with the main purpose of protecting its workers who are located at its nuclear power plants. EDF reported that the economic crisis has resulted in less electricity consumption, which could drop by 20 percent compared to average levels, which results in a decrease in nuclear output.

The data used in this article was sourced from:  
The Week in Enery, Nuevo Leon, Parque Solar La Palapa I, Los Cuervos, Ammper, European Alliance to defend Green Recovery, while ,
Dalia Maria de León Dalia Maria de León Journalist & Industry Analyst