By: Franyi Sarmiento, Ph.D., Inspenet, June 22, 2022
CEMEX announced this week that it has signed a power purchase agreement with Enel Green Power, a company that will supply clean electricity for the electrical needs of CEMEX’s cement operations in Guatemala for the next five years.
The agreement reaffirms the commitment of CEMEX and the Enel Group to lead their respective industries in climate action and facilitate the transition to clean energy. The supply contract is in line with CEMEX’s ambitious Scope 2 goal of achieving 55% clean energy consumption by 2030. The approximately 164 GWh of clean electricity supplied under this agreement is equivalent to the CO 2emissions avoided by planting more than 240,000 trees.
“This agreement with Enel Green Power will allow us to operate our cement plant in Guatemala with 100% clean electricity. The transition to renewable energy sources is an integral part of our climate action strategy,” said Jesús González, President of CEMEX South, Central America and the Caribbean. “We remain committed to becoming a net-zero CO 2 emissions company and take decisive steps to achieve this goal,” he added.
“At Enel Green Power, generating sustainable energy means taking action and facing the challenge of global climate change. For this reason, we seek to work in partnership with our largest clients to develop wide-ranging sustainability projects in harmony with the environment. This contract with CEMEX in Guatemala is one more opportunity to reinforce our commitment to the energy transition and care for the environment”, said José Sánchez, Country Manager of Enel Green Power in Guatemala.
Under its Future in Action program, CEMEX announced a 40% reduction goal of its net specific CO2 emissions in cement by 2030*. In addition, the company has set a goal of supplying 55% of its electricity needs from clean sources by 2030. These climate action targets are aligned with its ambitious CO 2 reduction roadmap and validated by the Science Based Targets (SBTi) initiative under the well below 2°C scenario. CEMEX’s aggressive climate action goals for 2030 are an important milestone in the company’s transition to achieve carbon neutrality by 2050.
Enel Green Power Guatemala has developed the technical and human capacities to add value to its clients’ business and respond to their needs. In the region, as in the rest of the world, Enel Green Power plays a fundamental role in leading the energy transition process and helping its business partners on five continents to achieve their sustainability goals.
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