often underestimated

Mexico boasts exceptional solar radiation, with 70% of its territory receiving over 4.5 kWh/m2/day, making it one of the most promising countries for solar photovoltaic development. The cost of installing solar energy has significantly decreased, making it cheaper to generate electricity via photovoltaic technology than to purchase it from the national utility, CFE. This has led to a surge in popularity, driven by benefits such as lower energy bills, reduced reliance on fossil fuels, and a smaller carbon footprint. The Mexican government actively promotes sustainable energy through subsidies and incentives for solar panel installation, including tax deductions for both corporations and individuals. Homeowners with high electricity consumption can particularly benefit, as solar panels can help them avoid expensive “tarifa DAC” rates and “freeze” their electricity price for the lifetime of their system. Mexico has ambitious clean energy targets, aiming for 35% of electricity from clean sources by 2024, and President Claudia Sheinbaum’s administration aims for a 45% renewable power grid by 2030. As of 2024, solar power contributes 7.6% of Mexico’s total electric power generation with 11.99 GW of installed capacity. The country has vast potential for further solar development, with estimates suggesting 30 GW of PV capacity by 2030. Solar energy is utilized in various ways, from large-scale photovoltaic plants like Villanueva in Coahuila to residential and commercial rooftop installations. Distributed generation, particularly small-scale residential installations, is rapidly increasing, accounting for about 37% of Mexico’s solar fleet. The regulatory framework supports net metering and net billing, allowing users to generate their own electricity and receive credit for surplus energy fed back into the grid. Future initiatives also include mandates for battery energy storage systems in new solar installations to enhance grid stability. Unlock Mexico’s Sun: Your Guide to Solar Power Savings and a Brighter Future

Hey there, sun-seekers and smart savers! Have you ever looked up at the brilliant Mexican sun and thought, “Wow, that’s ...