Intersolar Summit: Mexican market for photovoltaic systems increasingly attractive to investors

Due to high levels of direct sunlight, governmental support schemes and solid economic growth, Mexico offers ideal conditions for investments in photovoltaic solutions. Local business partners are key to tapping a new market successfully. The "Intersolar Summit Mexico", hosted on the 15th of May at the Mexico City Marriott Reforma Hotel, enables its participants to gain current market insights and facilitates direct contact to the relevant players in the country.

Pforzheim / Mexico City – Recently investors and the international solar business have shifted their attention to the Mexican photovoltaic (PV) 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 to 35 percent by 2026.

Considering the high levels of direct sunlight (5+ KWh/day per sqm), PV generated electricity seems to be the technology necessary to meet the growing energy needs of the Mexican economy and realize the country's ambitious renewables targets. In light of this development, the "Intersolar Summit Mexico" will be hosted on May 15 2014, in the Mexican capital of Mexico City. 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 summit addresses important local players of Mexico's PV value chain like wholesalers, EPC's, installers international manufacturers and investors who are interested in establishing a partnership with local businesses.

The event will focus specifically on the financing options resulting from the Mexican market conditions and current technological progress. Moreover, theparticipants 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 & private equity.

Participating in the "Intersolar Summit Mexico" is a valuable step for international solar businesses and investors in gaining access to the growing Mexican PV market.

Information on the Intersolar Summit

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). Media partners are the PV Magazine Group, Renewable Energy World, Solar Builder, Solar Power World, ENF and altenergymag.com.

For questions about the Intersolar Summit and for more information on the events, please contact Daniel Fuchs, Senior Marketing Manager: d.fuchs@eupd-research.com