Solfium Launches Alliance with Queretaro to Promote DG
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Solfium Launches Alliance with Queretaro to Promote DG

Photo by:   Government of Queretaro
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María José Goytia By María José Goytia | Journalist and Industry Analyst - Tue, 06/21/2022 - 13:54

The Canadian solar tech company Solfium and Queretaro’s Energy Agency formed an alliance to promote Distributed Generation (DG), which is to play a key role in the state's innovative energy transition strategy.

Through the alliance, the company will install 230,000 solar panels with a total capacity of 125MW to provide electricity to 80,000 homes in the state. This project would reduce 1.85 million tons of harmful CO2 emissions.

"With these actions, we promote and strengthen the adoption of solar energy to reduce our carbon footprint," said Mauricio Kuri, the Governor of Queretaro.

The alliance aims to bring sustainable electricity to communities that lack access to this basic necessity. Solfium will contribute with a fund for the development of social projects to spread access to clean and reliable energy. The fund will be operated by the local Energy Agency.

"Today, producing energy through renewable sources no longer involves a large economic investment. Tt has become more a matter of sensitivity rather than accessibility, as solar power production has reduced its costs by almost 100 percent in the past 20 years," said Mauricio Reyes, Director General, Queretaro’s Energy Agency.

With actions like these, the government of Queretaro seeks to make a significant contribution toward achieving its goal of reducing polluting emissions by 25 percent by 2030.

Solfium furthermore announced the installation of its new operational headquarters for Latin America in Queretaro. The facilities will include a training center for solar installers across the country, an engineering and development center and a customer service unit. With this significant investment, the company creates 400 direct jobs and 500 indirect jobs.

Andrés Friedman, Co-Founder and CEO, Solfium, highlighted the efficiency and attractiveness of Queretaro’s famous triple helix model, which links business, academia and government. Over the past 10 years, the state’s model led to the consolidation of the aerospace industry and other sectors in the state, boosted investment and spurred on social development. This has rapidly turned Queretaro into an industrial heavyweight. Friedman pointed out that with a similar model, the state is now strengthening the renewable energy industry.

This development is essential, as one of the great challenges humanity faces is to ensure energy consumption becomes sustainable in the fight against climate change. Power production represents about 75 percent of CO2 emissions worldwide. Mexico has abundant solar radiation, so photovoltaic solar produces cheap energy with an attractive return on investment on solar systems. "At Solfium, we want to promote solar energy in Queretaro through our inclusive, digital and technological model, which facilitates the adoption of solar energy for homes, businesses and large companies, as well as industries," said Friedman.

Through key partnerships, Queretaro seeks to position itself as a leader in the Mexican energy transition, setting a benchmark in sustainability strategies.

Photo by:   Government of Queretaro

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