After some uncertainty navigating the sector these past weeks, private investment proves that renewables are here to stay. Yucatan has drafted an agenda to increase wind and solar capacity in the region. ASOLMEX advanced its Ilumínate initiative to bring solar energy to communities without access to electricity while Coca-Cola has made itself an off-taker example by powering half its operations with clean energies.
The global scope sees wind offshore becoming more attractive while oil and gas offshore might suffer divestment from Norway’s sovereign fund. New Mexico follows some US states by approving a target to have its electricity 100 percent carbon-free by 2045.
This past Friday was International Women’s Day and while globally some countries have started achieving gender parity on STEM studies, Mexico is far behind: only one-fifth of the students that pursue an energy related career are women.
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Government of Yucatan bets on renewables Along with the Renewable Energy Peninsular Group, an agenda will be developed to consolidate projects with an investment portfolio of US$4.5 billion
ASOLMEX’s Ilumínate program advances in Jalisco Together with Cubico Sustainable Investments, 200 solar kits will benefit the communities of Tierra Blanca and Topolobambo
Chinese solar PV Ginlong Technologies is looking to expand its operations in Mexico According to the company’s representative, the country is seen as an attractive market for investment
Coca-Cola FEMSA is transforming its operations through renewables In 2018, the company supplied 50 percent of its manufacturing energy requirements through clean energy sources
Women are under-represented in the Mexican energy sector According to a study executed by GIZ and the Women Network in Renewable Energy and Energy Efficiency (REDMEREE), only one-fifth of energy-related graduates are women
World’s biggest sovereign fund proposes to divest oil and gas holdings The Norwegian central bank made the proposal to avoid the fund’s value being hit by a permanent fall in the oil price
China will overtake UK as the offshore wind leader by 2021 China is expected to have almost 10.9GW of cumulative capacity by 2021, compared to less than 10.4GW in the U.K.
New Mexico Senate passes 100 percent carbon-free electricity target The ETA would impose a zero-carbon electricity standard on public utilities by 2045
World Bank launches program to accelerate the adoption of wind offshore Together with the International Finance Corporation (IFC), emerging markets will be supported with technical assistance
These countries prove that gender quality in STEM is possible Globally, 72 percent of scientific researchers are men. Only five countries have achieved gender parity, where women make up 45-55 percent of researchers