Update on the Mexican solar market in 7 headlines

Mexico as Bellwether for an Unsubsidized Solar Future

Forget Japan, China and the U.S.—how do unsubsidized markets behave?
Indeed, Mexico today is "California five or six years ago," according to James. He suggests that business strategies will need to reflect that reality, with aspirants picking a niche market and broadening their base.

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Mexico to Triple Demand for Solar Next Year With 250 Megawatts

More than 200 megawatts of the projects will be large-scale facilities and about half of them are planned for the state of Baja California Sur, Adam James, a South Bend, Indiana-based analyst at GTM Research said today in a telephone interview.

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Mexican Sun Lures Cash to Solar as Panel Prices Plunge

Solar energy makes economic sense for about 3.5 million commercial customers and 500,000 high-use residential consumers who pay “extremely high” electricity rates, according to BNEF. Installations of under 500 kilowatts benefit from net metering, a system that credits generators for the power they can’t use.

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Largest solar plant in Latin America nearing completion

The 30-megawatt Aura Solar plant in La Paz, Baja California Sur, Mexico is the country’s first utility-scale solar installation with a power purchase agreement with the federal power company, according to a release from Suntech.

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Could Mexico be at the start of a solar boom?

It has ambitious plans to generate 35% of its energy from clean sources by 2026. That would be up from less than 15% now, which is mostly hydro, with wind and solar only providing only ±1.5%. These renewable sources would need to grow a lot, and in such a sunny country, solar power makes a lot of sense.

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Ford To Buy Solar Power From 20 MW Mexico Solar Power Plant

Mexico has tremendous (insanely good) solar energy resources, but it hasn’t been a leader in the solar power space to date. However, it is starting to get its ducks in order – last year it passed a 35% Clean Climate law, its clean energy investments surged in 2012, and just this week we announced that the largest solar PV power plant in Latin America is now under construction in Mexico.

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Mexico housing project goes solar

Mexico leads Latin America in solar energy production but analysts say the country has yet to exploit its full potential. More solar power generation in Mexico will free up its oil output for exports and save the state precious resources that are currently spent on producing non-renewal energy.

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