The “Intersolar Summit Mexico“, scheduled to take place on the 15th of May at the Mexico City Marriott Reforma Hotel, will enable participants to gain current market insights and facilitates direct contact to the relevant players in the country. The one-day event gathers the most important local players and international investors in order to promote exchange through provoking lectures and panel discussions.
The event will focus specifically on the financing options resulting from the Mexican market conditions and current technological progress. Moreover, the participants will receive an overview of reference projects in the country and best practice examples.
The first session of the summit will give a market outlook of the characteristics and trends of the Mexican PV market. Sessions about the role of solar energy in Central America and the Mexican net metering regulation will guide the participants to the core topic of finance. A panel will discuss barriers and opportunities for institutional financing and assess the role of banks and private equity.
According to the event's organizers, investors and the international solar business have shifted their attention to the Mexican photovoltaic market. The second strongest economy in Latin America is currently facing remarkable economic growth, which in turn has caused higher energy demand. Experts are expecting an increase of four percent in annual energy consumption on average until 2026. With this background, the Mexican government aims to boost the country’s share of electrical renewable energy production from currently 16 per cent to 35 per cent by 2026.
Observers cite the country's abundant sunshine. Due to high levels of direct sunlight, governmental support schemes and solid economic growth, Mexico offers ideal conditions for investments in photovoltaic solutions.Considering the high levels of direct sunlight (5+ KWh/day per sqm), PV generated electricity is emerging as the technology needed to meet the growing energy demands of the Mexican economy and realise the country’s ambitious renewables targets.
The “Intersolar Summit Mexico“ is supported by the network initiative Joint Forces for Solar, the German-Mexican Chamber of Industry and Commerce, ProMexico Trade and Invest, Green City Freiburg, International Council for Local Environmental Initiatives (ICLEI) and Centro de Estudios en Medio Ambiente Y Energías Renovables (CEMAER). For more information about the Intersolar Summit, please contact Daniel Fuchs, senior marketing manager via e-mail: d.fuchs@eupd-research.com | +49 228 971 43 45.