Will targeted grid upgrades benefit solar in Mexico?

Targeted grid upgrades, if any, for wind, will benefit solar as well because solar resources exist in all areas of the country. Solar potential in Mexico is six times larger than wind, and the technology complements wind generation very well. The solar industry has generated more than 70,000 jobs1 in Mexico.

Could Mexico be a leader in solar energy production in Latin America?

This area, which spans much of the northern and central parts of the country, presents an ideal environment for the implementation of solar energy projects, which could position Mexico as a leader in solar energy production in Latin America.

Does the Mexican government consider the people's views on solar energy?

Nevertheless, Q19 indicates a negative perception of whether the Mexican government considers the people's opinions, with 33 % strongly disagreeing. The acceptance of solar energy in Mexico is high, driven primarily by environmental concerns and perceptions of viability and long-term economic benefits.

Why is solar energy important in Mexico?

Solar energy is a reliable and secure source of energy. Solar energy generates clean energy that protects the environment by reducing greenhouse gas emissions. The desert climate of Mexico (such as high temperature, humidity, and dust) affects the performance of using solar energy. Solar energy is preferable than using national grid electricity.

What is the market share of solar energy in Mexico?

By 2024, photovoltaic systems held 99.86% of the Mexican solar energy market share, while solar thermal systems for industrial heat are projected to rise at a 37.97% CAGR through 2030.

Is solar energy a sustainable solution in Mexico?

The acceptance of solar energy in Mexico is high, driven primarily by environmental concerns and perceptions of viability and long-term economic benefits. Although there are some divisions regarding initial costs and the climate's impact, most respondents show strong support and confidence in solar energy as a sustainable and beneficial solution.