With alternative energy projects stalled in Mexico due to controversial energy reforms, companies are increasingly turning to smaller-scale renewable options that allow businesses to cut carbon emissions.
, are currently stalled as they await permitting from the state power regulator, according to Valentina Izquierdo, a Mexico-based solar analyst for Wood Mackenzie.Carlos Bautista, a renewable energy engineer at Mexican solar company Enlight shows areas of an installed solar panel project at a client's company in Mexico state, Mexico August 19, 2022.
Enlight, a Mexican solar company that focuses on DG projects for industrial customers, said it had clients that considered tapping renewable energy from larger sources, but the political climate swayed them to DG as a more proactive step towards their own ESG commitments. Sector experts have estimated DG investments in Mexico have topped $3.5 billion in the last eight years, with another $500 million expected by the end of this year.
Mexico's most recent electricity development plan, for 2022 through 2036, delays by seven years the country's previous commitment to generate 35% of its energy from renewable sources by 2024. It now says that will only be possible by 2031.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tropical storm warnings for parts of Texas, Mexico as storm nearsTropical storm warnings have been issued in South Texas and the coastline of Tamaulipas, Mexico, ahead of a “potential tropical cyclone” churning toward the Rio Grande.
Read more »
5 New Mexico jails less than half staffed; 1 moving inmatesFive of New Mexico’s 26 county jails and detention centers are suffering from staff shortages that have pushed vacancy rates among correctional officers above 50%.
Read more »
Tim Ryan Refuses to Disclose Position on Biden Ending 'Remain in Mexico'Rep. Tim Ryan (D-OH), running against Republican J.D. Vance for Ohio’s open Senate seat, is refusing to state a position on President Joe Biden’s ending the “Remain in Mexico” program.
Read more »
5 New Mexico jails less than half staffed; 1 moving inmatesFive New Mexico county jails and detention centers are weathering staff shortages that have pushed vacancy rates among correctional officers above 50%.
Read more »