The First Photovoltaic Fa231ade Of Mexico

What is the first government-level photovoltaic + energy storage project in Mexico?

This is the first government-level photovoltaic + energy storage project in Mexico. We collaborated with CFE (Mexican Federal Electricity Commission) to design and supply the BESS (Battery Energy Storage System) for this project.

Will energy storage attract renewables investment in Mexico?

With Mexico's president-elect having announced an intent to attract renewables investment, energy storage was the subject of much discussion at the Intersolar Mexico trade show.

How much does solar energy cost in Mexico?

The solar energy market in Mexico is burgeoning, with significant investments enhancing its infrastructure. According to Mordor Intelligence, the average levelized cost of electricity (LCOE) for utility-scale solar photovoltaic (PV) projects is approximately USD $0.049 per kWh, making it a competitive alternative to traditional energy sources.

Will Mexico generate 54% of its electricity from renewables?

President-elect Claudia Sheinbaum Pardo has already announced a national energy plan focused on driving renewables investment, expanding electromobility, and modernizing ageing grid infrastructure with the aim of Mexico generating 54% of its electricity from renewables, up from 12.1% today.

Why are solar energy projects growing in Mexico?

This affordability is driving the expansion of solar energy projects across the nation, such as the new 500 MW solar panel production line recently commissioned by Solarever. Mexico's wind energy sector is also experiencing rapid growth.

How can industry integrate energy storage into the Mexican energy mix?

To integrate energy storage effectively into the Mexican energy mix, industry must lead the way in promoting links between academia, itself, government, and wider society to promote viable, scalable solutions.