Potential offtaker

Criotec, S.A. de C.V.

www.criotec.com.mx

Estimated electricity consumption

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Countries of production presence

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Criotec, S.A. de C.V. is a Mexican company that specializes in the production and distribution of HVAC building products. The company has been in operation for over 20 years and has established itself as a leader in the industry. Criotec's products are designed to provide efficient and effective heating, ventilation, and air conditioning solutions for commercial and industrial buildings.

As the world moves towards decarbonisation, Criotec has recognized the need to reduce its carbon footprint and transition towards renewable energy. The company has implemented a number of initiatives to reduce its environmental impact and promote sustainability. One of these initiatives is the use of renewable energy sources in its operations.

Criotec has invested in a corporate energy program that focuses on reducing energy consumption and increasing the use of renewable energy sources. The company has installed solar panels on the roofs of its facilities, which generate electricity that is used to power its operations. This has significantly reduced the company's reliance on fossil fuels and has helped to reduce its carbon footprint.

In addition to its use of renewable energy sources, Criotec has also implemented a corporate power purchase agreement (PPA). This agreement allows the company to purchase renewable energy from a third-party provider at a fixed price over a set period of time. This has helped to stabilize the company's energy costs and has further reduced its reliance on fossil fuels.

Criotec's commitment to sustainability extends beyond its operations. The company has also developed a range of HVAC building products that are designed to be energy-efficient and environmentally friendly. These products include high-efficiency air conditioners, heat pumps, and ventilation systems that are designed to reduce energy consumption and greenhouse gas emissions.

Criotec's products are also designed to be durable and long-lasting, reducing the need for frequent replacements and further reducing the environmental impact of its operations. The company has also implemented a recycling program for its products, ensuring that any waste materials are properly disposed of and recycled where possible.

Overall, Criotec's commitment to sustainability and renewable energy has helped to position the company as a leader in the HVAC building products sector. Its investment in renewable energy sources and energy-efficient products has not only helped to reduce its environmental impact but has also helped to reduce its operating costs and increase its competitiveness in the market.

As the world continues to move towards decarbonisation, companies like Criotec will play an increasingly important role in promoting sustainability and reducing greenhouse gas emissions. By investing in renewable energy sources and energy-efficient products, Criotec is setting an example for other companies in the industry and helping to pave the way towards a more sustainable future.