May 21 (Renewables Now) - Zodiac Aerospace Equipo de Mexico, an affiliate of France's Safran Group, will buy renewable power and clean energy certificates from Mexican energy retailer ESCO Comercializadora Energetica under a new off-take deal.
Around 70% of these products will come from the 80-MW Los Santos Solar II photovoltaic (PV) park in Mexico, being developed by domestic firm Buenavista Renewables Mexico. The latter said on Monday it is the third party in the newly signed power purchase agreement (PPA) that will see Zodiac buy the output of a 13-MW portion of the solar plant in Chihuahua state.
Under the agreement, ESCO will supply Zodiac with 30,000 MWh of electricity per year from Los Santos Solar II. The aircraft equipment supplier will use the power to cover demand at its factories in Chihuahua.
Buenavista Renewables and ESCO will announce the solar project's other off-takers in the coming weeks, according to the statement.