Mexico Renewables Report - Business Monitor International - Industry Reports

Mexico Renewables Report

Mexico Renewables Report - Business Monitor International - Industry Reports
Mexico Renewables Report
Published Sep 10, 2016
46 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

This quarter, we have maintained our forecasts for Mexico s non-hydro renewables industry. Supported by strong industry and country-specific fundamentals, we forecast non-hydro renewables capacity to average --.- growth during ---------, reaching a total of --.-GW. ...We hold our view that wind power will be the technology of choice in Mexico s non-hydro renewables industry. The wind sector is set to grow at the fastest pace (in absolute terms) over the coming decade, accounting for more than -- of total non-hydro renewables generation and nearly -- of total capacity by ----. Solar power module manufacturer Canadian Solar has signed a power purchase agreement (PPA) with the Federal Electricity Commission (CFE) for the --MW solar power plant in Aguascalientes. ...PGGM will withdraw the EUR---mn (USD---mn) it had allocated for the scheme. The ----turbine project, which was approved in ----, has seen several years of delays after a court placed the development on hold due to community resistance.

...This quarter we have maintained our forecasts for Mexico s non-hydro renewables industry unchanged. Supported by strong industry and country-specific fundamentals, we forecast non-hydro renewables capacity to average --.- during ---------, reaching a total of --.-GW. ...We hold our view that wind power will be the technology of choice in Mexico s non-hydro renewables industry. The wind sector is set to grow at the fastest pace (in absolute terms) over the coming decade, accounting for more than -- of the total non-hydro renewables generation and nearly -- of the total capacity by ----. While Mexico s solar sector remains largely underdeveloped, the country s recent energy auction made us revise our forecasts upward in the past few quarters. ...While Mexico s solar sector remains largely underdeveloped, the country s recent energy auction made us revise our forecasts upward in the past few quarters.

...BMI View: Our optimistic outlook for Mexico s non-hydro renewables industry is underpinned by the country s strong commitment to developing renewable energy sources, large project pipeline and sound industry fundamentals. Growth will be driven primarily by the wind and solar sectors, with smaller contributions coming from geothermal and biomass projects. ...

  
Source:
Document ID
2050-8077
Country
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Mexico Renewables Report" Sep 10, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Renewables-Report-2026-1290>
  
APA:
Business Monitor International - Industry Reports. (2016). Mexico Renewables Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Mexico-Renewables-Report-2026-1290>
  
US$ 1,295.00
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