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PHOTO: Special Exhibition ees at Intersolar South America 2018.

➔ INTERSOLAR MEXICO
Mexico’s place in the energy mix
One on the country’s making the most of this Latin America’s Intersolar has been actively involved in the LATAM
boom is Mexico, a country that boasts an abundance of solar region since 2013 with various events, such as the
resources, high power prices, falling technology costs, and an Intersolar South America – Latin America’s largest
increasing need for resource diversification. These factors have exhibition and conference for the solar industry
pushed Mexico to the forefront for solar development since it in São Paulo, Brazil. In 2019 Intersolar is also
deregulated its electrical grid in 2013. teaming up with The GREEN Expo® in Mexico
The country is set to become the fifth biggest market for new City, Mexico.
solar capacity by 2021. No surprise when you see the numbers:
its annual daily solar irradiance levels range between 4.4 kWh/ The partnership will co-deliver an outstanding
m2 and 6.3 kWh/m2 and the Mexico Secretariat of Energy ex- platform for the renewable energy and greentech
pects 11.6 GW of cumulative solar power and 58.5 GW of clean industry in Mexico. The new event builds upon
energy to be reached by 2032. the already strong solar offering, with the aim of
With that much generation potential, the country’s federal providing a platform which best serves the trends
government aims to have renewables account for 35% of its and investment opportunities in the renewable
energy mix by 2024 — of which Wood Mackenzie predicts will energy industry.
be split evenly between distributed and utility scale generation
— and half by 2050. Last year, its Ministry of Energy launched The solar industry is expected to grow exponen-
its 2018 edition of a program to showcase the country’s energy tially in Mexico. Intersolar Mexico, taking place in
demand for the next 15 years and predicts an $11,906 million the World Trade Center (Pepsi Center) in Mexico
investment opportunity in solar energy. City from September 3—5, 2019 co-located
The growing number of solar installations is also stimulating with The GREEN Expo®, will be the largest
the energy storage market as declining battery systems costs gathering of solar professionals in Mexico for in-
open significant opportunities in the sector. Economies of scale ternational manufacturers and distributors looking
are due to materialize in the early 2020s as deployments incre- to meet regional buyers.
ase and CAPEX projection falls, according to Wood Mackenzie.
Mexico’s largest ESS to date is a 12MWh system in a car factory
in Monterrey, in the north-eastern state of Nuevo León, to deliver ➔ EXHIBITION QUICK FACTS
spinning reserve, voltage support, and frequency for a fully self- Date: September 3—5, 2019
contained microgrid. Venue: World Trade Center (Pepsi Center),
An energy fund created to finance the development of PV plus Mexico City
ESS projects in Mexico and Latin America, offers customers in Focus area: Photovoltaics, PV Production
Mexico an integrated PV+ESS solution. Plans include the deploy- Technology, Energy Storage,
ment of 100 MWh of ESSs in Mexico, with some reportss stating Solar Heating & Cooling Technologies
up to 50% of capacity could be deployed within 12 months.