Latin America continues to be a vital market for renewables

The relationship between GES and Mexico dates back to 2006. GES launched its Latin American operations in Mexico and it was there that it established its hub to provide service throughout Mesoamerica and the Caribbean. Over 10 years on, Mexico continues to be a market of reference for GES. The Spanish company has more than 700 MW constructed and 2,000 MW installed in the country, representing almost 25% of the wind power capacity installed to date.

GES is a supplier of reference in Mexico in construction and services for renewable energy. The company has an extensive portfolio of clients and has maintained its leadership over the years. GES has been responsible for constructing some of the largest wind farms in the country, having executed two projects of 200 MW each. Its strength and experience has helped large companies with hardly any exposure in this market entrust the implementation of their first projects in Mexico to the renewables service provider.

 

The renewables markets have experienced far-reaching changes over recent years and Mexico is no exception. The first renewable energy auctions in the country were a force for change that has resulted in the emergence of the solar market. In a country with a huge potential due to the high irradiation offered by the entire territory, wind power has retained its hegemony against more cautious investments in solar. However, this trend has been reversed with the first renewable energy auctions and the majority of the projects awarded were for PV plants. Read more…

Article published in: FuturENERGY January-February 2017