Billions of dollars will flow into distributed PV in Mexico by 2025

With Latin America’s emergence as the hottest region for solar development in recent years, Mexico has taken the lead with a dynamic energy transition that sets the stage for unprecedented solar growth. An abundance of solar resources, high power prices, falling technology costs, and an increasing need for resource diversification combine to place Mexico among the global leaders for PV development.

The country is set to double its distributed generation capacity this year, with more than 300 MW of new installations, after Mexico’s regulatory commission increased the upper limit for net metering plants to 500 kW. Authorities are working to foster DG as a slice of its 40 percent renewable energy target by 2035. For this to happen, the country will need to get around 18 percent of its generation from solar, compared to less than 1 percent at present.

At Solar Summit Mexico 2018 experts will discuss the massive opportunity that exists in this market and how to best take advantage of it.

This two-day event will leverage GTM Research’s regional expertise in Mexico to ensure your company is uniquely positioned to capture specific opportunities while appropriately managing regulatory, political, and market risks.

2018 conference themes will be:

  • Mexico PV on the global stage
  • Large-scale solar development in Mexico
  • The opportunities of distributed generation in the Mexican market
  • Bringing down the cost of PV
  • Tariffs, manufacturing, & distribution strategies
  • Financing: solar in Mexico

Everything you need to know about solar financing in Mexico

According to EY, only 15% of the Mexican electricity auctions have been project financed so far and mostly by multilateral development banks. Other than corporate finance, a lot of projects are still suffering to get to financial closing.

Investors all around the world are looking to Mexican PV and Solar Summit Mexico 2018 will dedicate a full day at to diving deep into solar finance. Those attending the event will hear about the various strategies being employed, new avenues on the buyer side of generation and the attractive prices and schemes. Take a look at the schedule at-a-glance:

Making large-scale projects a reality: Access to Solar Financing in Mexico
• Dino Barajas, Partner, Akin Gump Strauss Hauer & Feld
• Carlos Carranza, Project Development Director, North American Development Bank
• Marian Aguirre Nienau, Head of Power Projects, Bancomext
• Adrián Katzew, CEO, Zuma Energía

Adapting Project Finance to the New Era of Distributed Energy Projects
• John Bates, CEO, Prana Power
• Franco Capurro, Founder & CEO, Caaapital
• Marco G. Monroy, Founder & CEO, MGM Innova Capital

Strategies for Developers to Leverage Specialized Financing
• Eduardo Reyes Bravo, Manager, PwC
• Carlos Isorna, Vice President, Macquarie Mexican Infrastructure Fund (“MMIF”)
• Patricia Tatto, Partner & Country Head, Mexico & Central America, Ata Renewables

How third parties are thriving in a deregulated landscape
• Rodrigo Esparza, Compliance Officer, CFE Calificados
• Juan B. Guichard, CEO, Ammper

Source: GTM Research