New Solar Energy Financing Models Address Regulation Limits

As regulations in the country cap rooftop solar energy generation at 500kWp, many companies find themselves unable to fully leverage solar’s potential for energy savings and sustainability. In response, innovative financing models are emerging to overcome these limitations.

Mexico, like numerous nations, faces significant challenges in meeting its international commitments, such as those outlined in the Paris Agreement. The country aims to derive 35% of its energy from clean sources by the end of 2024, aligning with the Agreement's provisions.

Enterprises such as Finsolar are offering novel solutions to these constraints. Finsolar recently launched its model called ExpandSolar+, through which Mexican companies have an opportunity to enhance their energy efficiency, reduce operational expenses, and contribute to a more sustainable economy.

The ExpandSolar+ model allows for the installation of solar panels on third-party roofs, providing benefits akin to having them on the company’s own facilities. By circumventing regulatory hurdles, companies can achieve substantial savings on energy costs, potentially eliminating their electricity bills entirely, which for many businesses amount to millions of pesos per month.

This model offers structured 30-year financing with minimal interest rates and performance guarantees, eliminating the need for significant upfront capital investment. Additionally, the generation of CO2 emissions reduction certificates (I-RECs) adds tangible environmental value, aligning with companies' sustainability objectives.