Increase in investments in solar energy in Mexico

The installed capacity of solar energy in Mexico reached three thousand megawatts, which represents investments for six billion 300 million dollars, assured the president of the Asolmex, Hector Olea.

He estimated that this trend should continue in 2019, which will strengthen the country's energy sovereignty. Photo: Pixabay
He estimated that this trend should continue in 2019, which will strengthen the country's energy sovereignty. Photo: Pixabay

According to the representative of the Mexican Association of Solar Energy (Asolmex), 2018 was a year of success and sustained growth, since only in solar power plants the growth was greater than 1,800 percent of installed capacity compared to 2017.

The installed capacity of solar energy in Mexico reached three thousand megawatts, which represents investments for six thousand 300 million dollars, assured the president of the Asolmex, Hector Olea.

According to the representative of the Mexican Association of Solar Energy (Asolmex), 2018 was a year of success and sustained growth, since only in solar power plants the growth was greater than 1,800 percent of installed capacity compared to 2017.

He estimated that this trend should continue in 2019, which will strengthen the country's energy sovereignty.

He explained that currently there are 39 solar power plants in operation in 11 entities, including the largest plant in Latin America and the second in the world located in Viesca, Coahuila.

In this regard, he stressed that 10 plants in commercial operation are the result of the first and second Long Term Electric Auctions, and that the development of the solar sector in the country has brought with it the direct investment of six billion 300 million dollars and the generation of more than 50 thousand jobs along the value chain.

On the other hand, the Distributed Solar Generation (solar roofs) also positioned itself as an important barrier in the electricity sector, since by the end of 2018, more than 85 thousand contracts had been installed nationwide.

According to the study called Distributed Solar Generation Initiative, prepared by the PwC consultancy, it is expected to reach an installed capacity of more than six thousand MW by 2024, which is equivalent to the electricity needed to meet the demand of 1.2 million households in the country. .

"With these results, solar energy is consolidated as the technology with the highest growth in the power generation portfolio, thus advancing the diversification of Mexico's energy matrix," Olea concluded.

Via: Siete24