SOLAR POWER MEXICO BECOMES THE MOST IMPORTANT EVENT IN THE MEXICAN RENEWABLE ENERGY SECTOR (March 19 – 21, 2019):

SOLAR POWER MEXICO BECOMES THE MOST IMPORTANT EVENT IN THE MEXICAN RENEWABLE ENERGY SECTOR (March 19 – 21, 2019):

– Three global exhibition organizers, Deutsche Messe from Germany, SNEC PV Power Expo, China, and Solar Power International, from the U.S., partnered up to organize the first solar energy trade show in Mexico: Solar Power Mexico.

– The industry´s most important companies and brands, as well as a prestigious conference program attracted high-level decision makers to attend an event promoting a rapidly expanding renewable energy segment with high potential in the country.

Mexico City. Solar Power Mexico, which was held from March 19 – 21 at the Centro Citibanamex exhibition center in Mexico City, was the meeting point for decision makers and major companies in the solar energy industry on an international scale.

Solar Power Mexico became the most influential renewable energy trade show ever held in the country, as well as the first B2B event for the solar industry, attracting the entire supply chain including; manufacturers of solar cells and panels, parts and components, new technology and tracking systems, planners and developers, suppliers of system and services, and even installation experts.

This event is supported by national and international strategic allies such as the Mexican Photovoltaic Industry Association (AMIF), the German Cooperation for Sustainable Development (GIZ), the Mexican-German Chamber of Industry and Commerce (CAMEXA), Mexican-German Entrepreneurs A.C. (EMAAC) and Galo Energy.

Stephen Miner, President and CEO of Solar Power Trade Shows, said it is important for Mexico’s emerging market to have a gathering place where industry leaders can share ideas, learn from each other, and create a strong community.

“Solar Power Mexico is set up to be that point of cohesion. There is heavy interest in the Mexican solar and storage markets – in fact, we had to expand the exhibit hall to accommodate more exhibitors,” said Miner.
The event brought exhibitors from all over Mexico, the United States, Europe, and Asia, while the vast majority of attendees and visitors were professionals from Mexico, Central and South America, as well as the Caribbean.

Nearly 80 exhibitors showcased their products on the show floor, of which half were international. Notable companies included: ABB Mexico, BayWa r.e., Exel Solar, Fronius Mexico, Ginlong (Solis), NEXTracker, Power Electronic, SDE Mexico, Trina Solar, Siemens, and Sunpower.

Of the international exhibitors 24 came from China, 8 from the U.S., and three from Spain, as well as companies from Israel, Austria, Canada, Guatemala and Brazil.

In total, the exhibition registered 5,540 m2 of exhibition space.

For the participating companies, distributed solar energy generation for businesses and for the residential sector could double this year, leading up to the installation of 700 new megawatts throughout the country, making solar one of the fastest growing segments in the domestic energy market.

For the domestic market installing solar in residences depends heavily on return on investment and government regulations, and recent tariff schemes allow for a quicker return on investment to the end customer, making it attractive to adopt photovoltaic systems.

For foreign companies, Mexico offers great opportunities to invest in renewable energy, with a growing number of large solar parks that are being built in the private PPA segment (a long-term power purchase agreement between generator and buyer).

Yusef Kanchi, Commercial Director of Bay Wa r.e. comments on his experience as an exhibitor: “We are a German company… who also participates in Solar Power International in the United States, and we believe that this first edition has been a great success due to the number of visitors specialized in the sector looking for technology on the forefront of the market, what everyone is taking about… visitors looking for ways to save money on electricity bills, and solar energy is the most economic and efficient way to solve these issues on a residential, a commercial and an industrial level.¨

The integrated conference program covered all topics related to the solar industry not only in Mexico, but on a global level, including the emerging energy storage market. Event partners Solar Energy International (SEI) and the International Battery and Storage Association (IBESA), hosted workshops on topics such as the emerging impact of energy storage technologies in Mexico, and best practices in the design and installation of photovoltaic systems. Furthermore, leading industry companies presented trends in the solar market in a space called the ¨Enlightenment Area”.

Almost 5,000 industry professionals visited the first edition of Solar Power Mexico.
According to Jeff Miles, Marketing Manager of Rolls Battery Engineering from Canada, participating as an exhibitor was a great opportunity for the company to get into new markets. They registered contacts from Costa Rica, El Salvador, and Colombia, something they had never experienced participating at previous shows, even those within Mexico.

SOLAR INDUSTRY IN MEXICO
• The country closed 2018 with an installed solar energy capacity of 3,000 megawatts, derived from investments of about $6,300 billion dollars.
• The growth of solar power generation in 2018 was one of the largest recorded at the time, with a growth of more than 1.800% of installed capacity compared to 2017.
• 39 solar power plants distributed in 11 entities within the country.
• In terms of distributed generation aimed at the residential and commercial segments, 85 thousand contracts were closed in 2018. The state with the highest adoption of photovoltaic energy at a residential and commercial level is (1) Jalisco, followed by (2) Nuevo Leon, (3) Mexico City, (4) Chihuahua and (5) Merida.
• It is estimated that in 2018 alone, more than 40,000 photovoltaic systems were installed; an increase of almost 50% compared to the 27,000 that were installed in 2017.

Luis Abelardo González Quijano, Head of the Renewable Energy Unit of the Mexican Energy Ministry, who attended the event, highlighted the enormous potential for solar energy in Mexico: “We have to take advantage of the sector´s countless virtues and thus, incorporate them into as many programs and strategic alliances between public policies of the energy sector… We have a great relationship with the German government which we want to expand in the future.”

Your contact:
Itziar Gómez Jiménez
Communications & Marketing Director
+52 55 7028 3335 ext. 802
itziar.gomez@hfmexico.mx
Hannover Fairs México
Paseo de la Reforma 381 – 1st floor
06500 Mexico City