The future looks bright for solar energy development in Mexico

02/19/2018 PV Magazine

Nellis_AFB_Solar_panelsMexico is set to become the largest solar PV market in Latin America, with around 2 GW of installs expected annually. Political and regulatory uncertainty do not appear to be affecting investor interest, with more opportunities than challenges present. pv magazine attended GTM Research’s Solar Summit Mexico last week to report on the latest developments in the Mexican market.

GTM Research’s Solar Summit Mexico, which took place in Mexico City on February 13 and 14, provided a comprehensive insight into the Mexican solar energy landscape.

All participants were in agreement that Mexico is on track to become one of the world’s most interesting solar markets in the coming years. Despite the challenges, which were highlighted during the conference by CEOs, analysts and government officials, the market presents an abundance of opportunities across all segments, chiefly due to its stable regulatory framework, which was created alongside the country’s energy reform three years ago.

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