ENGIE buys 130MW under-construction solar facility from Dhamma Energy
Spanish solar developer Dhamma Energy has sold its 130MW solar project in Mexico to renewable giant ENGIE.
The deal was announced on Tuesday and takes place alongside a 15-year PPA (power purchase agreement) whereby Engie will eventually sell power produced by the plant to steel producer Gerdau.
The project, located in the north-western state of Sonora, is currently ready for construction and is set to be operational by the end of 2019. Dhamma started work on the facility in 2014, having opened up a subsidiary company in Mexico the previous year.
Dhamma will remain involved in the construction of the facility. The Spanish company develops, builds and invests in solar facilities with a total of 650MW worth of fully developed solar projects across the globe, and 1.5GW worth of projects in the pipeline.
Philippe Esposito, Co-Founder of Dhamma Energy, said: “With this project, to date Dhamma Energy has developed and sold 390MW of solar PV that hold PPAs in Mexico and is one of the largest solar developers of projects under corporate schemes in the country. These are projects that are in the construction phase.”
ENGIE is a French renewable energy company which employs over 153,000 people across the world. Read Energy Digital’s feature on the global business here.
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.