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2018 will be ‘take-off year’ for solar in Mexico, says GTM

May 15, 2017

Analysts and developers alike have been saying that Mexico will be the next biggest solar market for years now. But according to GTM Research’s Manan Parikh, the time is finally approaching for solar to ‘take-off’ in Mexico.

“Next year I’m forecasting a little over 2GW in 2018 alone, and that is pretty significant because up until now in 2017, the market as a whole is only over 400MW. 2GW in a whole year is quite a bit,” Parikh told PV Tech. “2018 is kind of the take-off year, and then the market will continue growing in subsequent years after that.”

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