Energy storage facility in Mexico

December 09, 2010 11:32 pm | Updated 11:32 pm IST

Rubenius, an alternative energy company based in the United Arab Emirates, will build a $4-billion storage facility for electricity in northern Mexico, President Felipe Calderon said on December 8.

“This will be the biggest investment of its type in the world,” he said at a news conference on the sidelines of the U.N. climate conference.

The project, which will use sodium sulphide energy storage batteries, will be built in Mexicali, the capital city in the Mexican-border state of Baja California. The facility would create 800 jobs in Mexico. The company aims to make Silicon Valley, a software region in northern California, its main client for the power generated.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.