MEXICO HEADS TOWARDS BEING THE FIFTH SOLAR ENERGY MARKET WORLDWIDE

Solar Power Mexico opens the Mexican market, promoting new investments in the energy solar energy sector. Mexico could reach 19 GW of installed capacity by 2030, placing it behind China, India, USA and Japan.   MEXICO CITY SEPTEMBER 5, 2018.- The Energy Reform in Mexico will allow the country to rank amongst the main solar energy producers worldwide within the next five years, with an installed capacity of 19 GW (Gigawatts) by 2030; thus, placing it fifth globally in its sector. Due to this perspective, Mexico has become a magnet for investors from around the world, said Sarah Möller, spokesperson of the first edition of Solar Power Mexico, which will be held in Mexico City, March 2019. Möller noted that with the consideration of the new photovoltaic capacity, which is bound to develop within Mexico by 2021, will position the country in fifth place, right behind China, India, the United States and Japan. According to the analysis, New Opportunities for Investment - The Boom in the Solar Sector in Mexico: Market, regulations and business models from the German GIZ Gesellschaft für Internationale Zusammenarbeit (German Cooperation for Sustainable Development in Mexico) estimates that Mexico could have up to 19 GW (gigawatts) of solar energy installed in 2030, while Bloomberg New Energy Finance expects installed capacity of 100 GW in 2040. In result, the Mexican government showed a significant interest, raising the share of renewable energies from 20 to 35 percent of all energy by 2024, and to 50 percent by 2050. This impulse for power generation projects have resulted in an apparent increase in companies entering the Mexican market, said Möller. Since the implementation of the Energy Reform in Mexico, specifically in the photovoltaic sector, which lead to a high investment expectation within the country. This is reflected in the participation of investors in the Long-Term Auctions (LTA), in which solar energy projects have had the highest participation of winning contracts at competitive prices, claimed GIZ. Up to 2017, three LTA´s were carried out, which means an investment of around 6.2 billion dollars (mdd) in solar energy within three years (these auctions mainly consider generation in solar renewable energy). Likewise, the structure of the market derived from the Energy Reform allows the development of a sector with clear regulations and structures. According to the GIZ some of the advantages are the different business alternatives to commercialize energy and related products. Within the framework of the Wholesale Electricity Market (MEM), the most important are: long and medium-term auctions, bilateral contracts with public or private entities (PPAs), models for Distributed Generation (DG) and on-site generation (interesting for Energy Service Companies (ESCO)), along with the sale of energy and associated products in the Short-Term Market and even Clean Energy Certificates (CEL). The commercialization of CEL represents an additional opportunity for the generators of solar energy to obtain income through their clean energy generation since the requirements of CEL, defined by the Mexican Ministry of Energy (SENER), force suppliers to acquire them from a total of its consumption. The growth of the solar sector, specifically considering the decrease in cost of photovoltaic installations in recent years, have contributed to the growing adoption of DG systems worldwide. Therefore, it is expected that this trend will be replicated in the following years within the country, with the support and promotion of the energy regulating agency (CRE) through mechanisms such as net-metering and net-billing (net metering and net turnover). Given this developed panorama, the country will host the first edition of Solar Power Mexico, which will be held at the Citibanamex Center in Mexico City from March 19 to 21, 2019. Here, more than 100 international companies from Europe, United States, Asia and Latin America will exhibit the most advanced technology in the field. Your contact for further information: Sarah Möller Tel: +52 55 7028-3335 ext.802 E-mail: sarah.moeller@hfmexico.mx   Website : solarpowermexico.mx   Facebook: Solar Power Mexico Twitter: @SolarPowerMx LinkedIn: Solar Power Mexico  

Distributed Solar PV Reaches New 350 MW Milestone in Brazil

According to ABSOLAR, the country currently has 37.107 solar photovoltaic (PV) systems connected to the grid, representing more than R$ 2.5 billion in cumulative investments   São Paulo, September 6th, 2018 - Brazil has just reached a new milestone of 350 MW of distributed generation solar PV installed capacity in operation, located in buildings such as houses, commercial buildings, industries, rural producers and public buildings, Continue reading

Solar photovoltaic (PV) energy reaches historic mark of 300 MW in distributed micro generation and mini generation in Brazil

According to ABSOLAR, the country currently has 32,033 solar photovoltaic systems connected to the grid, representing more than R$ 2.2 billion in accumulated investments Brazil has just reached the historic mark of 300 MW of solar photovoltaic installed capacity in distributed generation of in residences, commercial buildings, industries, rural activities and public buildings. Continue reading

Asolmex illuminates Communities in the Tarahumara

In order to improve the quality of life on hundreds of Tarahumara families, the Mexican Association of Solar Energy (Asolmex) and the Fundación del Empresariado Chihuahuense (FECHAC), started the Ilumínate Program in communities of Guachochi, in the Sierra Tarahumara.https://www.asolmex.org/ Continue reading

The International Desalination Association: Committed to Advancing the Use of Renewables in Desalination

Increasingly, the world is embracing desalination and water reuse to address its growing water challenges. Desalination is now practiced in 150 countries, and over 300 million people rely on desalinated water for some or all of their daily needs. Today, the cumulative installed desalination capacity exceeds 92.5 million cubic meters per day, with more than 19,000 desalination plants globally. Continue reading

Standing Tall in the Global Market

Jeff Juger, Director of Business Development, JinkoSolar The global solar industry has often hinged on policy. Sometimes it helps push the industry forward; sometimes it slows it down. In all situations, companies must continue to evolve in order to grow and sustain their future. JinkoSolar hit a couple key milestones in 2017. The company shipped more modules globally than any other brand for the second year in a row, and this year surpassed $4 billion in revenue—all this while remaining profitable. 2018 beckons for more, as JinkoSolar estimates 11.5 to 12.0 gigawatts of global shipments. These achievements can be attributed to financial discipline, ironclad commitment to regional markets, and technology leadership. Continue reading

Enel Green Power Mexico inaugurates Villanueva, largest solar PV plant in the Americas

The PV facility, located in the Mexican state of Coahuila, will be able to produce over 1,700 GWh per year once fully operational. Villanueva is the Group’s largest PV plant worldwide and the first energy project to start operation after the entry into effect of Mexico’s energy reform. Continue reading

Global Associations Workshop

This year, SolarPower Europe, BSW, and the Global Solar Council are co-hosting the “Global Associations Workshop” with the support of Intersolar, which will take place on Thursday, June 21st from 16:00 to 18:00. The objective of the workshop will be to bring together solar industry associations from across the world and enable an exchange on the latest market and policy information. Click Here to see the concept paper for the workshop. Continue reading

IBC SOLAR has delivered all components for Sweden’s largest PV rooftop installation

IBC SOLAR has delivered all components for Sweden’s largest PV rooftop installationSwedish online pharmacy opts for PV technology from Germany Bad Staffelstein / Germany, April 11, 2018 – IBC SOLAR AG, a global leader in photovoltaic (PV) systems and energy storage, has delivered all components for Sweden’s largest PV rooftop installation. The plant has been designed and mounted by Solkompaniet, Sweden’s leading PV installer. More than 5,500 polycristalline modules of the brand GCL produce energy for a new logistics center of the online pharmacy Apotea. Continue reading

The most comprehensive solar global market report is back for 2018... and you can be in it!

Have your brand or product displayed in SolarPower Europe's annual award-winning Global Market Outlook for Solar Power, the most authoritative market report for the global solar power sector. With comprehensive historical market data, five-year forecasts for the main global markets, as well as an analysis of the role that solar is playing in the European energy system, the Global Market Outlook for Solar Power is an essential tool for the global solar sector and energy stakeholders alike. As an internationally respected report, the Global Market Outlook offers some of the most in-depth and comprehensive analytical information on solar to date. On top of winning Best Provision of Industry Information and Intelligence at the 2018 European Association awards, the 2017 report received incredible international success: Continue reading