More than 200 megawatts of the projects will be large-scale
facilities and about half of them are planned for the state of
Baja California Sur, Adam James, a South Bend, Indiana-based
analyst at GTM Research said today in a telephone interview.
Mexico is expected to match Chile as the region’s biggest
market in 2015 and then surpass it as more local businesses
build solar farms to offset their energy costs, James said.
Demand for solar power in Mexico now is driven mostly by a
government program that guarantees state-power utility Comision
Federal de Electricidad will buy power from solar farms with as
much as 30 megawatts of capacity.
Mexico’s solar market will “rise significantly in 2016 and
continue to post growth in the 300- to 400-megawatt range out to
2018,” he said. The country will install about 70 megawatts
Peru has 96 megawatts of solar power in operation at the
start of this year, the most in Latin America. Mexico and Chile
both had about 10 megawatts, James said.
To contact the reporter on this story:
Stephan Nielsen in Sao Paulo at
To contact the editor responsible for this story:
Reed Landberg at