Mexico’s Solar Energy Investment and Capacity Doubles

According to solar and wind systems producer, Conermex, Mexico will reach a total of 12 MW of electricity generated by solar energy by the end of 2012, doubling its current potential.

Mexico currently has 6 MW of solar energy capacity installed, but with a growth spurt in investments and new projects, Mexico will reach 12 MW of solar-powered electricity by the end of the year.

From 2010 to 2011, investments in photovoltaic panel installations have increased by 150%, from $20 to $50 million dollars.

“Mexico is amongst the top five countries with the greatest extension of territory with solar irradiation,” said Carlos Flores, CEO of Conermex. “The nation receives approximately 400 TW of solar radiation a year.”

Mexico’s National Solar Energy Association (ANES) has publicly announced that Mexico has the potential to generate all of its electricity from solar energy. However, Flores believes that investments in the solar sector are still lagging and more work needs to be done in the areas of energy storage, as well as large scale solar projects.

Photo credit to: Conermex

About the Author

Veronica French is an American-Bolivian professional living in Mexico City. She is a freelance writer and web consultant, as well as a marketing and business analyst for GreenMomentum, Inc., a cleantech consulting firm and startup accelerator based in Mexico City and Silicon Valley. She enjoys researching and writing about Mexico’s growing sustainability movement and innovation in clean technology. Topics that also pique her interest are science, technology, religion, human rights and culture. @veronicafrenchy
  • Uncle B

    Very soon to exceed U.S.A. in manufacturing, and Solar and Wind powered, no expensive waste disposal costs, no expensive security costs, and lots of sun in Mexico!

  • Barn Owl

    So they want the same problems with utility scale solar and wind that the US has! Sierra Juarez Wind Farm in Baja will take out an entire 100 mile mountain ridge. Concerns about eagles and even condors have been raised. Mexico has fewer permitting “obsticals” and that is why Sempra Energy wants to go into Baja and really develop it.They want to sell all the power to California. So we will have a bunch of wind turbines in a natural area that will hurt local land owners. All of the power goes to another country. All of the problems from the wind farm will be in Baja and there is little the local people can do. There is a Mexican conservation group opposing it at least.

    • Veronica French

      Very interesting point, Barn Owl. With Mexico’s poor law enforcement there’s a lot of room for corruption and poor execution.

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  • Barn Owl’s point is valid. It is my hope that poorer countries will shame richer ones into using sustainable energy but that won’t happen if corruption oozes into the green enconomy.

  • Ms. French. In case you are not aware, a Co. in New Jersey, in partnership with NREL
    just developed “Black Silicon”.. Natcore Technology, or Natcore will give you
    most of the info you need. It is a publicly traded Co. NXT on the Toronto Venture Exchange, or NTCXF in the U.S. Please; check it out..

  • Uncle B

    Nitinol – suppressed? No longer part of the Solar energy scene? no means to convert to electric power? Once hrealded as a Free Energy miracle – now lost in space and time? did it go the way of the EV-1 electric car and its miracle batteries, motors? Can it be used to advantage by “Off Grid” folks? Will China bring it to Mexicl a<long with sane manufacturing processes, technologies and sane designs? U.S.A. awash in nuclear wastes needs to resolve this first, then go Solar as Germany did? What did German scientists tell their people that we were not told? Solar, Wind Wave, Hydro, Tidal, Geothermal, and anaerobic sewage digestion for methane gas(storable in common propane containers) and fertrilizer slurries – all domestic, all radiation free, why not America? Tuna off U.S. West Coast contiamiated with Fuckoshima radiation already! Solar – why not?

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  • Uncle B

    Anyone have a figure for accumulated nuclear waste in the U.S.A.? Also: what it is composed of?

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