Mexico City. Solar Power Mexico, which premiered from March 19 to 21 at the Centro Citibanamex Exhibition Center in Mexico City, brought together decision makers and companies from the international solar energy industry. It was Mexico's first B2B event for the solar industry, presenting manufacturers of solar cells and panels, parts and components, and new technology and tracking systems as well as planners and developers, suppliers of system and services, and installation experts.
Solar Power Mexico featured roughly 80 exhibiting companies from Mexico, the United States, Europe, and Asia on more than 5,500 square meters of display area. Familiar names included ABB Mexico, BayWa r.e., Exel Solar, Fronius Mexico, Ginlong (Solis), NEXTracker, Power Electronic, SDE Mexico, Trina Solar, Siemens, and Sunpower.
Stephen Miner, President and CEO of Solar Power Trade Shows, said it is important for Mexico's emerging market to have a gathering place where industry leaders can share ideas, learn from each other, and create a strong community, adding, "Solar Power Mexico is set up to be that point of cohesion. There is heavy interest in the Mexican solar and storage markets – in fact, we had to expand the exhibit hall to accommodate more exhibitors."
Mexico offers foreign companies many opportunities to invest in renewable energy, including several large solar parks in the private PPA segment (a long-term power purchase agreement between generator and buyer). Distributed solar energy generation for the business and residential sectors could double in 2019, leading up to the installation of 700 new megawatts throughout the country and making solar one of the fastest growing segments in Mexico's energy market. Installing residential solar power in Mexico depends heavily on return on investment and government regulations. Recent tariff schemes provide the end customer with a quicker return on investment, which encourages the adoption of photovoltaic systems.
Supporters of Solar Power Mexico include the Mexican Photovoltaic Industry Association (AMIF), the German Cooperation for Sustainable Development (GIZ), the Mexican-German Chamber of Industry and Commerce (CAMEXA), Mexican-German Entrepreneurs A.C. (EMAAC), and Galo Energy.
Yusef Kanchi, Commercial Director of BayWa r.e., said, "We also participate in Solar Power International in the United States. We believe that this first edition has been a great success due to the number of visitors looking for technology at the forefront of the market, visitors looking for ways to save money on electricity bills. Solar energy is the most economical and efficient way to solve these issues at a residential, commercial and industrial level.¨
Solar Power Mexico's conference program covered a broad range of solar topics relevant not only in Mexico, but also on a global level, including the emerging energy storage market. Event partners Solar Energy International (SEI) and the International Battery and Storage Association (IBESA), hosted workshops on topics such as the emerging impact of energy storage technologies in Mexico, and best practices in the design and installation of photovoltaic systems. Furthermore, leading industry companies presented trends in the solar market in a space called the ¨Enlightenment Area”.
Almost 5,000 industry professionals visited the first edition of Solar Power Mexico. According to Jeff Miles, Marketing Manager of Rolls Battery Engineering from Canada, participating as an exhibitor was a great opportunity for the company to get into new markets. They registered contacts from Costa Rica, El Salvador, and Colombia, something they had never experienced participating at previous shows, even those within Mexico.
Solar Power Mexico is organized by Hannover Fairs Mexico as well as SNEC PV Power Expo from China and Solar Power International from the U.S. Supporters include the Mexican Photovoltaic Industry Association (AMIF), the German Cooperation for Sustainable Development (GIZ), the Mexican-German Chamber of Industry and Commerce (CAMEXA), Mexican-German Entrepreneurs A.C. (EMAAC), and Galo Energy. The next edition is scheduled for March 2020.
SOLAR INDUSTRY IN MEXICO
- The country closed 2018 with an installed solar energy capacity of 3,000 megawatts, derived from investments of about $6,300 billion dollars.
- The growth of solar power generation in 2018 was one of the largest recorded at the time, with a growth of more than 1.800% of installed capacity compared to 2017.
- 39 solar power plants distributed in 11 entities within the country.
- In terms of distributed generation aimed at the residential and commercial segments, 85 thousand contracts were closed in 2018. The state with the highest adoption of photovoltaic energy at a residential and commercial level is (1) Jalisco, followed by (2) Nuevo Leon, (3) Mexico City, (4) Chihuahua and (5) Merida.
- It is estimated that in 2018 alone, more than 40,000 photovoltaic systems were installed; an increase of almost 50% compared to the 27,000 that were installed in 2017.
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