GCC signs agreement for clean energy supply

GCC signs agreement for clean energy supply
13 September 2019

Mexico’s Grupo Cementos Chihuahua (GCC) has signed an agreement with a US-based clean energy provider for the supply of solar and wind energy to its cement plant in Odessa, Texas, to fulfil 100 per cent of the facility’s electricity requirement.

The company did not release the name of the energy supplier but noted that energy supply is expected to begin in July 2022. The plans will mean an approximately 45,000tpa reduction in CO2.

The 10-year fixed price agreement also represents a 22 per cent decrease in current electricity prices and will result in a total saving of US$4.6m, according to GCC.

Published under Cement News