Mexico-based privatized airport group Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) has signed an agreement with SunPower Corp. (Nasdaq: SPWR) for 36 megawatts of solar power to serve ASUR´s operations in Mexico, the company said.
ASUR will buy power generated by the solar power plant under a long-term power purchase agreement.
“We anticipate that this cost-competitive solar power from SunPower will offset expected increases in the cost of electricity from fossil fuel sources over the long-term,” said Adolfo Castro, Chief Executive Officer of ASUR. “As a member of the Dow Jones Emerging Markets Sustainability Index, this is a critical step in further reducing the carbon footprint of our airports. Through our energy efficiency efforts to-date we have reduced energy per passenger by 34 percent over the past six years. This PPA will allow ASUR to cover 100 percent of its energy requirements as of the date of this announcement with solar power, an important milestone in our sustainability strategy.”
SunPower said it expects to start construction on this 36-megawatt phase of a solar plant in Mexico in 2016. Once the project is operational, SunPower will provide operations and maintenance services, including monitoring power plant production.
At the site, SunPower plans to design and build a SunPowerÂ® OasisÂ® Power Plant system, a fully integrated, modular solar power block solution for utility-scale solar projects that is designed to optimize land use and is engineered for rapid, cost-effective installation. The technology includes SunPower´s proprietary robotic solar panel cleaning capability that uses 75 percent less water than traditional cleaning methods and can help improve system performance by up to 15 percent.
ASUR is a Mexican airport operator with concessions to operate, maintain and develop the airports of Cancun, Merida, Cozumel, Villahermosa, Oaxaca, Veracruz, Huatulco, Tapachula and Minatitlan in the southeast of Mexico. It is a 50 percent JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico.
As one of the world´s most innovative and sustainable energy companies, SunPower Corp. (Nasdaq: SPWR) provides a diverse group of customers with complete solar solutions and services.