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    Cox Energy, ready to invest 500 million euros in the Valencian Community


    September 15, 2022 - CE Noticias Financieras

     

      The president of Cox Energy, Enrique Riquelme, made these statements during the conference "Comunitat Valenciana towards the future", held at the Palau de les Comunicacions in Valencia and organized by Europa Press. Riquelme has assured that "Spain and the Comunitat are becoming an export hub, not only to change the Spanish matrix and make it more competitive and less vulnerable, but it is in a first step to be an export hub for the rest of Europe". The executive -reports Europa Press- has made special emphasis on the opportunity that green hydrogen represents for the Comunitat, which can aspire to be one of the largest generators of this energy source and the rest of renewable energies, also taking advantage of its port infrastructures. Riquelme has made himself available to the regional administration to make this goal a reality: "we have a real potential," he said, "and we are very well positioned".

      The president of Cox Energy stressed that a decade ago, for the private sector, "talking about sustainability was talking about an economic cost", but "at this moment it is a necessity" and an "obligation", because "any private company and public sector that is not at the forefront of sustainability has its days numbered". Riquelme has also assured that "being sustainable is even a good business", because "there is no cheaper energy than photovoltaic", which makes companies more competitive.

      Credentials

      Cox Energy is a Spanish photovoltaic solar energy company with a presence in Spain, Portugal, Chile, Mexico, Colombia and Panama. It has three areas of activity: Generation, Commercialization of clean energies, and Operation and Maintenance of renewable energy plants.

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