Mexico begins to realize its solar PV potential

Solar photovoltaic (PV) power advances in Mexico is improving the sector’s attractiveness to investors, according to the latest study by IHS Technology.

In the report, entitled IHS Emerging Markets Solar PV Tracker Q1 2014, Mexico went from being ranked the fifth market with the greatest PV potential in the world in the last quarter of 2013 to third in the first quarter of this year - only South Africa and Turkey outranked it.

According to the IHS report, Mexico has 300 MW of solar PV projects under construction, with work beginning on 100 MW of that in the last quarter of 2013.

The report added that a total of 327 MW of solar PV is expected to be installed in Mexico this year.

For more Renewables news.

For more Latin America news.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...