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Pellet Mexico to install USD-1.2m factory in Colima

Wood pellets. Author: U.S. Department of Agriculture. License: Creative Commons, Attribution 2.0 Generic

March 19 (Renewables Now) - Local firm Pellet Mexico will invest USD 1.2 million (EUR 975,888) in the construction of a factory in Colima state to produce 10,000 tonnes of pellets per year.

The output of the pellet facility is expected to be enough to reduce the use of liquefied gas by 7 million litres and to help offset 22,000 tonnes of carbon dioxide (CO2) emissions annually.

Located in the city of Manzanilo, the construction of the plant will take about eight months, Pellet Mexico's general director, Oscar Espinoza Mijares, said on Friday.

The raw material to be used in the production of the pellets will come from Colima's countryside organic waste, generated from agricultural activities such as the growing and processing of sugarcane, coconut and mango. The pellets can be used as fuel for biomass power plants.

(USD 1/EUR 0.81)

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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