Photovoltaic Park will open in Durango

Renewable energies are the current trend in the Mexican state of Durango.

A Photovoltaic Park will be opened, with investments that exceed $ 700 million in the short term, despite the cancellations of the electricity auctions of the Ministry of Energy (Sener) and the pretention of the Federal Electricity Commission (CFE) to consolidate itself as the largest producer of electricity in the country.

The company Iberia Renovables Durango will invest two thousand 300 million pesos in the development of a photovoltaic garden in Durango.

According to the Environmental Impact Statement for the development of the renewable energy project, of the total investment 577 million pesos will come from Foreign Direct Investment (FDI) and the rest wil be financed by local governments.

In the document, Iberia Renovables Durango states that this park will be developed over the next two years and will have a useful life of 35 years.

The project will generate 620 well-paid direct jobs in the region, of which 600 will be temporary and 20 permanent, for the services that the company’s staff will require.

It is intended that 35 percent of the electric power nationwide will come from renewable energy sources by the year 2024, as Mexico made this commitment in the Conference of the Parties (COP 21) in Paris, France.

The Mazatlan Post Newsroom with information from OEM

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