The Other Winner of Mexico's Energy Reforms
The Other Winner of Mexico's Energy Reforms
Solar companies are benefiting big from Mexico's energy opening, but barriers to further growth remain.
On a recent summer afternoon, Carlos Gamez, a project manager at solar energy provider Enlight, was overseeing a home installation in the affluent Mexico City neighborhood of Lomas de Chapultepec. Workers prepared to tilt two dozen or so panels to 19 degree angles toward the equator, and position them far from the shade of a nearby pine.
“We used to do five installations in a week, and now we do more than 30,” said Gamez, who previously worked for a natural gas company installing boilers and pipes. “It’s the industry of the future.”
Gamez’s optimism is understandable. Enlight...
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