Mexico Renewables Q2 2018
Mexico's renewable energy sector offers enormous growth potential. The government has committed to ambitioustargets for the sector under the far-reaching National Electric System Development Program (PRODESEN), which runs from 2017 to2031, and recent power auctions have seen significant volumes of new capacity added to the project pipeline. The country is wellsuited to the development of a range of renewable energy sources and we expect to see strong growth across wind, solar andgeothermal energy over the coming years. While some projects may be delayed due to heightened political and economic risk inthe country, overall Mexico will remain a key market in the Latin America region for investors.
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