A general view of Mexico’s solar market performance
In 2010, Mexico’s renewable energy capacity was a course for concern. Ten years down the line, the country’s solar capacity has hit the roof. At the end of 2020, the North American nation’s capacity was ranked second in Latin America. At the time, its installed solar capacity stood at 5630 Megawatts.
At the moment, the market boasts of direct investments worth over US $6.3 billion. According to a recent forecast study, these investments will keep growing steadily if the Mexican government remains steadfast in its energy reforms. What does this mean for solar investors and other industry professionals?
The growth of Mexico’s solar market presents vast opportunities for all key players in the solar sector. The most lucrative areas of exploitation in the country’s solar market include space heating applications, water heating, and crop drying. This is the ideal time to devote your time and resources to Mexico’s solar market, especially if you are well versed in such fields.
Mexico’s solar equipment capacity
Several solar equipment manufacturers and distributors operate within the Mexican solar market. Most of them can supply equipment for both residential and large-scale projects. Do you need a solar equipment supplier for your project? Solarfeeds.com is a gateway to leading solar equipment suppliers in Mexico. It is the number one source of quality and affordable solar equipment. What you need to do is request quotes via our inquiry page.
State of logistical infrastructure in Mexico
Mexico has 102 ports that allow you to import solar equipment from any leading solar market if the need arises. It also enjoys a healthy presence of road infrastructure and several dependable logistics companies. In essence, you can easily transport equipment from the port to the project site.