Wind and solar power generation and energy storage in northwest Mexico

Can solar be used as a wind energy source in Mexico?

Solar deployment can follow wind transmission. 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.

Why are solar energy projects growing in Mexico?

This affordability is driving the expansion of solar energy projects across the nation, such as the new 500 MW solar panel production line recently commissioned by Solarever. Mexico’s wind energy sector is also experiencing rapid growth.

Is Mexico a good place for solar energy?

Mexico's geographic location places it in one of the world’s most favorable solar belts. With over 2,000 hours of sunshine annually, the country has immense potential for solar energy production. The northwestern states, including Baja California and Sonora, have the ideal conditions for large-scale solar projects.

How much does solar energy cost in Mexico?

The solar energy market in Mexico is burgeoning, with significant investments enhancing its infrastructure. According to Mordor Intelligence, the average levelized cost of electricity (LCOE) for utility-scale solar photovoltaic (PV) projects is approximately USD $0.049 per kWh, making it a competitive alternative to traditional energy sources.

Why should Mexican companies invest in green hydrogen?

A versatile energy carrier that is increasingly seen as a requirement for decarbonizing hard-to-abate sectors. Supply disruptions already affecting Mexican businesses. Mexico has some of the best potential green hydrogen resources in Latin America. Develop a national hydrogen road map to provide direction for industry and investors.

How will SENER meet the demand for solar power?

To meet this demand, SENER anticipated the integration of an additional 93,924 MW of installed capacity, including photovoltaic solar (PV-Solar), photovoltaic distributed generation (PV-DG), combined cycles with green hydrogen, wind, and battery energy storage systems (BESS), over the next 15 years.