Solar Market Outlook: Mexico

Mexico’s solar energy sector has witnessed remarkable growth over the past decade, and its potential remains immense. With abundant sunlight, supportive government policies, and increasing investments, Mexico is poised to become a significant player in the global solar energy market.The Mexico Solar Photovoltaic (PV) Market size is expected to grow from 9.80 gigawatt in 2023 to 15.02 gigawatt by 2028, at a CAGR of 8.91% during the forecast period (2023-2028).