Starting slow, solar PV is poised to grow stronger in Mexico following recent auctions. The government now expects 5.4 GW of installed PV by the end of 2019.
- 190.66 MW of new PV capacity was installed between January and June 2017 in Mexico
- Total installed PV capacity end of H1/2017 was 460.86 MW
- Total installed renewables capacity of up to June 2017 was 18.78 GW, with solar contributing only 0.62%
- Since 2004, the average annual solar growth rate has been 30.5%
- By the end of 2019, Mexico’s installed PV capacity is expected to grow by 24 times to 5.4 GW thanks to huge amounts of PV having being auctioned
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At the end of June 2017, Mexico had a cumulative PV capacity of 460.86 MW. The country’s Energy Progress report for the first half of 2017, titled Reporte De Avance De Energias Limpias Primer Semestre 2017, outlines a total PV generation output of 273.45 GWh in H1/2017.
Installations increased year-on-year more than 70% or 190.66 MW from 270.20 MW at the end of June 2016. Solar PV has consistently grown consistently by an annual average growth rate of 30.5% since 2004.
By the end of 2019, the government expects the country’s total PV capacity to grow 24X up to 5.4 GW, thanks to the new PV projects auctioned. During the first and second auctions, a total capacity of 1,691 MW and 1,853 MW was awarded, respectively.
At the end of December 2016, Mexico’s installed solar PV capacity was 388.61 MW (see Mexico Added Over 218 MW PV In 2016).
Clean energy helped Mexico generate 20.82% of all electricity in the first half of 2017. Installed renewables capacity as of June 30, 2017 was 18,786 MW. Solar’s capacity share was only 0.62% of this, while it contributed even less – only 0.17% – to the total power generated by renewables in that period.
The report published by Mexico’s Secretaria de Energia (SENER) shows that between June 2016 and June 2017, the installed renewable energy capacity increased by 6.85% or 1,381.49 MW. That was mainly due to the installation of new wind and PV projects.