USREA is a proud sponsor of RENPOWER MEXICO on August 17, 2017. USREA members and member companies receive a 15% preferred conference discount when they attend by providing their USREA Member ID number at registration.
Mexico is preparing for its 2017 auctions – taking place later in November – as part of a new scheme of annual tenders for renewable technologies. The auctions were introduced with Mexico recent energy reform, aiming to cover 35% of its energy mix with renewables by 2024 and 50% by 2050, featuring an investment level of $146 billion in the electricity system by 2029.
In this context, we are pleased to announce that RENPOWER MEXICO 2017 – The Renewable Energy & Power Infrastructure Investor Conference is set to take place in Mexico City on August 17.
Hydropower has played an important role so far in electricity generation in Mexico. Today, hydropower is the largest source of renewable energy in the country. At the end of 2015, 22% of the country’s total installed capacity was hydropower, accounting for 12% of electricity generation.
The full potential in wind and solar generation has so far been unexploited. Solar currently accounts for 19% of Mexico renewables capacity, compared with wind’s 81%. That amounts to 3.8 gigawatts of wind and 390 megawatts of solar.
Mexico energy ministry – SENER – is keen to promote further the development of the wind power technology in the coming years. As to solar technology, the demand may grow to 4 gigawatts by 2020, according to local solar power association Asolmex, which forecasts $5 billion in investment in the solar sector to that date.
Private sector involvement is expected to continue to increase as major reforms to the energy market already took place, enabling independent power producers and other developers to enter into the Mexican market.
The key stakeholders in the Mexican renewable sector will be attending (and speaking) and we are delighted to invite you and your colleagues to register.
For more information contact Renpower Mexico 2017 directly or USREA.org