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News Cementos Moctezuma invests US$10m in solar power plant

Cementos Moctezuma invests US$10m in solar power plant

Written by Global Cement staff 04 January 2021
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Mexico: Cementos Moctezuma is installing a 10MW solar power plant at its San Luis Potosí cement plant. Forbes Mexico has reported the estimated cost of the project as US$10m. It will consist of between 32,000 and 33,000 panels.

The company said, "The energy generated will be used at the Cerritos de Cementos Moctezuma plant, in order to replace a percentage of the electricity purchased from the Federal Electricity Commission (CFE), which is produced with fossil fuels and emits greenhouse gases.” It added that it aims to generate economic savings in the medium term as well as following its sustainability policies.

Last modified on 06 January 2021
Published in Global Cement News
Tagged under
  • Mexico
  • Cementos Moctezuma
  • Plant
  • Solar power
  • Upgrade
  • Electricity
  • GCW487
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