Solar startup Niko is building Mexico’s first virtual power plant

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When Edoardo Dellepiane and Raffaele Sertorio founded Niko Energy in 2023, they saw ample opportunity in Mexico’s underdeveloped solar market. Despite the fact that many parts of the country are bathed in sunlight, it has strikingly few solar installations.

After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, they spotted another opportunity: building Mexico’s first virtual power plant.

Demand for power is surging in Mexico, and multinational corporations…



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Solar startup Niko is building Mexico’s first virtual power plant


When Edoardo Dellepiane and Raffaele Sertorio founded Niko Energy in 2023, they saw ample opportunity in Mexico’s underdeveloped solar market. Despite the fact that many parts of the country are bathed in sunlight, it has strikingly few solar installations.

After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, they spotted another opportunity: building Mexico’s first virtual power plant.

Demand for power is surging in Mexico, and multinational corporations…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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