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News Article

Nobel Prize Winner Mario Molina Passed Away at 77

By Cas Biekmann | Thu, 10/08/2020 - 18:13

Nobel Prize winner and climate science advocate Mario Molina passed away at 77. In other news, CCE has hinted at the possibility of renewable energy projects coming up in the Infrastructure Plan and the last part of the Wahalajara natural gas system has been brought online. Globally, the world’s second-largest solar farm was inaugurated in China.

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Mexico

Nobel Prize Winner Mario Molina Passed Away at 77

Mexican scientist Marion Molina died on Oct. 7, Reuters reported. Molina, the country’s first Nobel Chemistry Prize winner, received international recognition for his work related to how chlorofluorocarbons (CFCs) damage the Earth’s ozone layer. He developed a strong interest in science at a young age and continued to be widely respected as a scientific advisor to Mexico City’s government and former US President Barack Obama, among others. Recently, Molina’s mission to combat pollution and climate change clashed with López Obrador’s vision of the country’s use of hydrocarbons as a central resource.

Dr. Molina was interviewed by Mexico Energy Review in 2014, as part of the Mario Molina Center for Energy and Environment. He shared insight on how the scientific community could help chart a path toward environmental sustainability, wisdom that is just as poignant in today’s context.

 

CCE Hints at Renewable Energy Projects in Infrastructure Plan

The Business Coordinating Council (CCE) announced that the second package of infrastructure projects will be revealed in November, reported Energía Hoy. While the first package focused on PEMEX’s refining capabilities, the second package is considering renewable energy as well, CCE´s officials said during the press conference.

 

Final Puzzle Piece of Wahalajara Natural Gas System Online

CFE announced on Oct. 2 that Fermaca’s 886MMcf/d Villa de Reyes-Aguascalientes-Guadalajara (VAG) pipeline system has entered full operation. VAG, constructed and operated by Mexico’s Fermaca, is considered the final puzzle piece of the system known as Wahalajara. The system transports gas from Texas’ Permian Basin in Waha to Guadalajara’s industrial center, allowing large parts of Mexico access to cheap natural gas. CFE hailed the project as a boon for energy sovereignty.

 

Blackrock’s Sustainable Mexican ETF Shows Rapid Success

Blackrock reported on Tuesday that its Mexican local currency sustainable exchange-traded fund (ETF), the first of its kind, has been a success. The ETF is experiencing some of the fastest growth seen worldwide as it collected US$450 million during its first two months, reported Reuters. The fund proves growing demand for so-called Green Finance, of which companies in the renewable energy value chain could benefit.

 

International

The World’s Second-Largest Solar Farm Inaugurated in China

Last week, Chinese President Xi Jinping announced China’s goals to become climate neutral by 2060. While it is too early to tell if this is feasible, Huanghe Hydropower Development’s massive 2.2GW project in the Qinghai province shows that China means business, reported CNET. The farm narrowly misses out on being the single largest solar farm, an honor still retained by India’s 2.245GW Bhadla project. The largest solar farm thus far in China had a capacity of 1.54GW, located in the Tengger desert. PV Magazine reports that Sungrow supplied the inverters for the US$2.2 billion project. Its monocrystalline bifacial modules come from an undisclosed company. The project furthermore boasts 202.8/MWh of storage.
 

Germany Awarded 1.2GW of Renewable Energy Tenders in September

Renewables Now reported that the tenders were won by wind, solar and storage projects, with solar being overrepresented in the bids and wind underrepresented.

The data used in this article was sourced from:  
Reuters, Renewables Now, El Financiero
Cas Biekmann Cas Biekmann Journalist and Industry Analyst