Mexico's renewable energy market suffers lack of government support

Wind Industry Profile of

Since the change in government in 2018, the growth in Mexico’s renewable power sector has been slower, growing from 10.2 GW to 17.8 GW compared to the growth the sector saw between 2013 and 2018, where constitutional reforms allowed the renewable sector to take on a larger role allowing the industry to grow from 3.5 GW to 10.2 GW, observes GlobalData.

The leading data and analytics company’s latest report, ‘Mexico Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035’, notes that the country’s present government is looking for ways to restore renewable energy’s positive growth trajectory and passed a bill in March 2021... ... More: Official Press Release GlobalData

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GlobalData, support, lack, Mexico, government, renewable energy, private sector, financing, market, analysis