Greening Group’s 7.95 MW Mexico solar project PPA in Guanajuato
Greening Group, a leader in the renewable energy sector, has secured a significant Power Purchase Agreement (PPA) for a new 7.95 MW solar project in Guanajuato, Mexico. This 10-year contract with a major local food company underscores the growing confidence in Greening Group’s innovative energy solutions. This project contributes to Greening Group’s expanding global presence. Discover more about Our Global Projects.
The solar plant—situated in the BajÃo region—spans 10 hectares and features more than 13,000 state-of-the-art solar panels. It is projected to generate around 13.7 GWh annually, which is equivalent to the energy consumption of 5,000 households. The project is also expected to cut CO2 emissions by 9.7 tonnes each year, contributing significantly to the local community’s sustainability efforts.
Large-Scale Mexico solar project Developments
Greening Group’s CEO, Juan Manuel Chacón, expressed his enthusiasm for the project, stating, “Our mission is to provide innovative and sustainable energy solutions. This project is a testament to our commitment to helping businesses transition to renewable energy.”
This project is part of Greening Group’s broader strategy to expand its renewable energy portfolio in Mexico. The company is also developing two other large-scale solar projects: a 30 MW plant in Aguascalientes and a 52 MW plant in Zacatecas. Both projects are expected to be completed by the end of 2024. Additionally, Greening Group is actively involved in building a 60MWac solar plant to supply renewable energy to a major technology company in the US, showcasing their growing influence in the renewable energy sector; read more about this agreement in a recent news release.
Greening Group’s success in Mexico is further supported by its strategic alliance with Grupo Pochteca—a leading distributor of specialty chemicals and raw materials. This partnership has enabled the company to leverage its expertise and resources to deliver reliable and cost-effective energy solutions to its clients.
Mexico’s Renewable Energy Landscape
The renewable energy sector in Mexico is undergoing rapid transformation, driven by a combination of policy support and technological advancements. The Mexican government has set ambitious targets, aiming for 35% of its energy to come from renewable sources by 2024, and 43% by 2030. This policy framework has created a conducive environment for private sector investments, fostering innovation and growth in the industry.
In recent years, Mexico has seen a surge in renewable energy projects, particularly in solar and wind power. The country’s vast natural resources, combined with falling technology costs, have made renewable energy increasingly competitive with traditional fossil fuels. This shift is not only reducing greenhouse gas emissions but also enhancing energy security and creating new economic opportunities.
Greening Group has been at the forefront of this transformation, capitalizing on the favorable policy environment and growing demand for clean energy. The company’s success in securing major projects in Guanajuato, Aguascalientes, and Zacatecas is a testament to its strong market position and innovative approach.
Greening Group’s Vision for the Future of the Mexico solar project
Looking ahead, Greening Group is poised to play a pivotal role in Mexico’s renewable energy future. With a robust pipeline of projects and a strong commitment to sustainability, the company is well-positioned to meet the growing demand for clean energy solutions. Greening drives its strategic plan with key M&A operations in Italy, Mexico, and Spain, demonstrating their commitment to expanding renewable energy solutions.
As Greening Group continues to expand its operations in Mexico, it remains focused on delivering high-quality projects that meet the needs of its clients while contributing to the country’s renewable energy goals. The company’s success in securing a 7.95 MW solar PPA in Guanajuato is just one example of its commitment to driving the energy transition in Mexico.