Energy and Mines

Case Studies

Investing in Wind and Solar: Grupo Mexico’s Expanding Portfolio

Investing in Wind and Solar: Grupo Mexico’s Expanding Portfolio
October 11
12:59 2017

Leading copper producer Grupo Mexico has invested in large-scale wind and solar to power its operations. As Vice President of Business Development with responsibility for the company’s energy strategy, Ignacio Castro Foulkes says that energy cost uncertainty is one of the biggest energy challenges facing the company’s mining operations.

Last year, he accepted the award for best use of wind in mining for the company’s 74 MW El Retiro wind farm at the inaugural Energy and Mines Awards. “Alternative power makes sense from both sustainable and economic perspectives. It is our obligation to make mining more sustainable,” he stated. In a brief Q&A interview he discusses Grupo Mexico’s sustainable energy strategy and the role of solar for mines.

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About Author

Andrew Slavin

Andrew Slavin

I am one of the directors of Energy and Mines and am also the curator of this site. I have been involved with B2B communications for the last 18 years including publications, conferences, think tanks and reports.