Close

Acciona supports Banco Santander’s carbon neutrality target through its Oaxacas wind farm in Mexico

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back

Related stories

Westinghouse Signs MoUs to Advance UK Nuclear Energy Sector

US-based Westinghouse Electric Company has formalised a series of...

Enbridge Announces Two Gas Transmission Projects in the US

Enbridge Inc. announced that it has reached a final...

LatWind Deploys ZX Lidar for EDF in Patagonia

LatWind, a long-standing Trusted Service Provider of ZX Lidars,...

For Owners of Mitsubishi Turbines, Experts say Spares and Repairs are a Quick Fix

For owners of Mitsubishi’s M501G Series turbines, it’s time...

ACCIONA has signed an agreement with Banco Santander, through the ClimateTrade platform, to offset 145,000 tons of CO2 by transferring Certified Emissions Reduction certificates (CERs) from the group’s Oaxacas wind farm complex in Mexico. With this transaction, ACCIONA is contributing to Banco Santander’s goal of becoming carbon neutral in 2020 by offsetting approximately half of the entity’s overall emissions.

The electronic ClimateTrade emissions trading platform uses blockchain to ensure traceability, security and transparency throughout the process of offsetting emissions. ACCIONA is a pioneer in this market, where the group’s clean energy projects are available to companies of all sizes that seek to offset their CO2 emissions.

CERs are carbon credits, backed by the United Nations (UN), that enable the offsetting of emissions through clean development projects. This Clean Development Mechanism (CDM) is included in the Kyoto Protocol as a way to stimulate sustainable development and emission reductions.

The Oaxacas wind farm complex is one of ACCIONA’s projects registered under the Clean Development Mechanism (CDM). It’s located in the Isthmus of Tehuantepec in Mexico. The complex consists of three wind farms (306MW) that produce renewable electricity equivalent to the consumption of 700,000 Mexican homes. The project also supports an extensive socioeconomic program in the surrounding region.

 

Latest stories

Related stories

Westinghouse Signs MoUs to Advance UK Nuclear Energy Sector

US-based Westinghouse Electric Company has formalised a series of...

Enbridge Announces Two Gas Transmission Projects in the US

Enbridge Inc. announced that it has reached a final...

LatWind Deploys ZX Lidar for EDF in Patagonia

LatWind, a long-standing Trusted Service Provider of ZX Lidars,...

For Owners of Mitsubishi Turbines, Experts say Spares and Repairs are a Quick Fix

For owners of Mitsubishi’s M501G Series turbines, it’s time...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back