Nearshoring Boom Constrained in Mexico by AMLO’s Solar Limits

  • Renewable generation is currently held to 500 kilowatts
  • Demand for electricity in Mexico is expected to keep climbing
Currently, the government has the monopoly over generation and transmission through the state utility Comision Federal de Electricidad, or CFE.Photographer: Jeoffrey Guillemard/Bloomberg
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Industrial parks and warehouse operators in Mexico, desperate for electricity to power their booming operations, are offering to pay out of their own pockets to build solar panels. But that threatens government control of energy markets.