Mexico has retooled their energy regulations, and it seems to be paying off. By 2025, billions of dollars will be flowing into the Mexican economy as distributed energy technologies are expected to exceed 8 GW, with solar playing a huge role in this growth. This year alone, Mexico is expected to double its distributed generation capacity with more than 300 MW of new installations following an increase in net metering regulations to 500 kW.
Mexican authorities are working to foster distributed generation as a slice of its 40 percent renewable energy target by 2035. For this to happen, the country will need to get around 18 percent of its generation from solar, compared to less than 1 percent at present. Net metering is set to lead the way in encouraging growth.