https://www.forbes.com/sites/nathanielparishflanne
Post# of 12502
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Posted On: 05/10/2024 10:50:35 AM
https://www.forbes.com/sites/nathanielparishf...f99b7f1813
Unfortunately, under Lopez Obrador, Mexico has stopped issuing permits and canceled auctions for solar projects, effectively cutting off the flow of private sector investment in solar projects. As president, Lopez Obrador has promoted fossil fuels and mostly ignored renewables. Overall, it seems like Lopez Obrador is not very interested in developing solar energy. His government is now promoting the Puerto Peñasco project, but the actual allocation of funding seems pretty paltry. Lopez Obrador’s government is spending around $400 million during the first phase of the project. To put that in perspective— that’s around 2% of budget of the flagship oil refinery Lopez Obrador is building in his home state of Tabasco.
>>>> $SNPW has better opportunities here in the U.S.
Especially with Bidens IRA in place.
icymi
dyodd
Unfortunately, under Lopez Obrador, Mexico has stopped issuing permits and canceled auctions for solar projects, effectively cutting off the flow of private sector investment in solar projects. As president, Lopez Obrador has promoted fossil fuels and mostly ignored renewables. Overall, it seems like Lopez Obrador is not very interested in developing solar energy. His government is now promoting the Puerto Peñasco project, but the actual allocation of funding seems pretty paltry. Lopez Obrador’s government is spending around $400 million during the first phase of the project. To put that in perspective— that’s around 2% of budget of the flagship oil refinery Lopez Obrador is building in his home state of Tabasco.
>>>> $SNPW has better opportunities here in the U.S.
Especially with Bidens IRA in place.
icymi
dyodd
(1)
(0)Sun Pacific Holding Corp. (SNPW) Stock Research Links
Everything i post are my opinions only. DYODD
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