2019 Latin American new photovoltaic capacity than 5 gw pv projects more than half of Mexico

Solar photovoltaic webex: year region light is enough, abundant solar energy resources, is the development of ideal photovoltaic project areas. The Latin American market still is given priority to with large projects, concentrated in Mexico, Brazil, Chile, Argentina and other countries. In good policy, under the impetus of the new installed capacity is expected to be more than 5, 2019 gigawatts (gw), in which half of the project is located in Mexico.

region pv installed will have obvious growth in 2019, mainly for more than 5 mw large projects, and distributed project due to the long payback period of investment and financing is weaker, the effects of currently only in Mexico and Brazil to occupy a certain market share. Mexico is Latin America's largest photovoltaic market.

in the renewable energy in energy structure of the country accounted for about 20%, and would rise to 30% by 2021. In 2018 is the rapid growth of year, Mexican solar market, solar wind power for the first time accounted for 70% of total generating capacity. New power 1 pv projects. 7 gw, rose more than 400%, the main projects include development of Enel Villanueva PV Plant ( 500MW) And Don Jose PV Plant ( 260MW) , as well as the development of Iberdrola Santiago PV Plant ( 231MW) 。 Auction for the past three years have enough reserve project, Mexico photovoltaic market development will maintain strong growth in 2019, the new installed capacity in 2019 is expected to more than 3 gw.

however, the Mexican government to cancel the fourth energy auction, for the development of local solar industry on a layer of haze. New renewable energy power generation in 2018, 90% of the auction. While those who have access to capital projects will continue to push forward, but if you can't restore auction plan, to mean that investment cuts, will also sharply reduce the number of reserve project after 2020. In the long term, Mexico the development of photovoltaic industry will depend on the direction of the energy policy, especially the auction if plan can be restored.

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