Photovoltaic power generation and energy storage in Monterrey Mexico

Monterrey, Nuevo León, Mexico (latitude: 25.6554, longitude: -100.3258) is a highly suitable location for solar power generation due to the substantial amount of energy that can be produced from installed solar panels throughout the year.

Part of an $18 million plant expansion investment, the newly installed solar panel array is the largest project of isolated battery-powered supply in Mexico. In total, close to 10,000 panels have been installed across Monterrey's three plants, with plans to be producing energy in 2024.

So far, we have conducted calculations to evaluate the solar photovoltaic (PV) potential in 147 locations across Mexico. This analysis provides insights into each city/location's potential for harnessing solar energy through PV installations. Link: Solar PV potential in Mexico by location

Prana Power develops, owns and operates solar facilities in the country. What hurdles need to be overcome for Mexico to unlock its potential for solar energy? The potential for solar power generation is huge. Radiation in Mexico is rated as among the best in the world.

In response to more frequent blackouts, Mexico recently developed hybrid plants that have both a solar power generating capacity and battery storage capabilities. As Mexico expands its solar market, we expect companies to increase their investment in battery storage operations to optimize the solar power generated across the country.

However, we expect Mexico to develop its energy storage technologies significantly over the next decade, as well as its lithium mining industry, as it increases its renewable energy capacity as part of a global green energy transition.