They will finance implementation of solar energy for companies, faced with limitations due to regulation

by times news cr

2024-04-18 22:35:20

Mexico City, April 2024 – Today the global challenge is to act with accurate measures that combat climate change. Mexico is at a decisive point and aspires for 35% of its energy generated to come from clean sources by the end of 2024. in accordance with the provisions of the Paris Agreement.

In this context, the company Finsolar emerged, which offers the ExpandSolar+ model, which allows the installation of solar panels on third-party roofs, matching the benefits of its own installations. This company’s strategy promises to respond to regulatory obstacles and open the door to significant savings in energy costs, reducing the electricity bill to zero, an expense that, for many, amounts to millions of pesos per month.

The kind of Finsolar It consists of structured financing for 30 years with minimum interest rates and performance guarantees, eliminating the need for initial capital investment.

The generation of CO2 emissions reduction certificates (I-RECs) adds tangible environmental value, aligning with companies’ sustainability efforts.

“Our ExpandSolar+ model allows energy-intensive industries to reduce their electricity bill to zero, while we operate their panels on third-party roofs. We achieved this by dispersing them in different sites to comply with the regulation limit of 500kWp, but returning the benefits directly to the industry’s electricity bill. It is a step forward towards a low-carbon, democratic economy that aligns business needs with our national sustainability objectives,” Ian de la Garza, CEO of Finsolar.

Through this model, companies have the opportunity to contribute to the fight against climate change, improve their sustainability and meet their social responsibility objectives, all while benefiting from tax incentives and reducing their operating costs.

2024-04-18 22:35:20

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