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Mexico’s installed solar capacity is expected to increase 20-fold by 2019

Solar leading the charge in Mexico’s clean energy push BN Americas By Adam Critchley – Tuesday, December 27, 2016  Mexico’s installed solar capacity is expected to increase 20-fold by 2019 to 5.4GW, the energy ministry (Sener) said.

Key growth drivers are two supply auctions held in March and September, which will result in 1,691MW and 1,853MW being added, respectively.

Solar dominated the September auction, accounting for 54% of electric power sold and 53% of clean energy certificates (CEC) issued. It was followed by wind with 43% of power and 41% of CECs. Hydroelectric and geothermal accounted for 3% of power and 2% of CECs, respectively.

Mexico’s solar PV capacity is expected to grow 275% this year, or by 390MW, US consultancy GTM Research has said.

Mexico’s installed clean energy capacity grew 6.3% year-on-year in June to 20.2GW, and these types of sources now account for 28.4% of the country’s energy generation mix, Sener said.

Growth has so far been led by wind and co-generation. Wind power capacity is expected to triple over the coming years, largely due to the development of the projects awarded contracts in this year’s auctions. Wind power capacity is expected to total 2,456MW by the end of 2018 and 3,857MW by the end of 2019.

In the first half of 2016 Mexico generated 30,586GWh of clean energy, 19.68% of the total generated, with a 34.9% increase in generation by co-generation plants and 11.9% growth by wind……http://www.bnamericas.com/en/news/electricpower/solar-leading-the-charge-in-mexicos-clean-energy-push

December 28, 2016 - Posted by | renewable, SOUTH AMERICA

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