MMEX Resources Corp. (OTCPK: MMEX), is proud to announce their membership in The Texas Solar Power Association (TSPA). The statewide industry trade organization is made up of member companies that are committed to the development of solar photovoltaic products and projects in Texas, cost-competitively serving customers in both wholesale and retail markets.
“MMEX Resources is committed to developing a solar power plan to provide the electric power to our planned 10,000 barrel-per-day crude distillation unit and its full-scale crude oil refinery in Pecos County near Fort Stockton, Texas,” said Jack W. Hanks, President and CEO of MMEX Resources Corp. “TSPA’s mission and vision closely aligns with our project development, and we look forward to connecting with other like-minded association members committed to seeking alternative sources of energy to power their businesses and surrounding communities.”
In July of this year MMEX announced the formation of MMEX Solar Resources, LLC and filed a trademark to develop a solar power project to potentially supply solar power renewable energy to its refinery projects.
“Texas has always been an energy leader, and solar power is now a valuable addition to our energy portfolio,“ said Charlie Hemmeline, executive director of the Texas Solar Power Association. “We are excited to work with MMEX Resources as they expand into solar power and join a growing roster of companies bringing cost-competitive solar to market.”
Over the next five years, the Electric Reliability Council of Texas (ERCOT) projects that solar power will grow to more than 5,500 megawatts and comprise almost 5 percent of ERCOT’s peak generation capacity.
About MMEX Resources Corp.
MMEX Resources Corporation (MMEX) is a development stage company formed to engage in the exploration, extraction, refining and distribution of oil, gas, petroleum products and electric power. MMEX focuses on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru, and other countries in Latin America. Its current project is the development of a 10,000 barrel-per-day (BPD) crude distillation unit and a full-scale crude oil refinery in Pecos County near Fort Stockton, Texas. For more information about MMEX, visit www.mmexresources.com.
The Texas Solar Power Association is a statewide industry trade association that promotes the development of solar electric generation in Texas. TSPA membership includes manufacturers, large-scale power plant developers, residential and commercial rooftop integrators, and other Texas companies participating across the full solar photovoltaic supply chain. For more information about TSPA, visit www.txsolarpower.org.