Mexico market data analysis
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  •Mexico has newly passed the "Climate Change Act", setting a goal that the country’s clean energy power generation will account for 35% of the country’s power generation by 2024, and 50% by 2050.
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  •In June 2017, Mexico issued the "Mexican National Electric Power System Development Plan" (Prodesen). By 2031, the total investment in clean energy in the country will reach 107 billion U.S. dollars.
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  •The Mexican Energy Secretariat plans to increase the country’s total photovoltaic power generation to 5.4GW in 2019.
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  •It is estimated that by 2021, Mexico may become the fifth largest photovoltaic market in the world, with 10,000MW of new photovoltaic power generation, an increase of 84%.
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  • Since 2000, Mexico’s primary energy demand has increased by 25%.
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  •Mexico is one of the countries with the richest solar energy resources in the world, with an annual average daily solar radiation of 4.4kWh/m2 to 6.3kWh/m2.
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  •The number of clean energy certificates for power generation companies and high energy consumption companies will continue to increase, reaching 7.4% in 2020, 10.9% in 2021, and 13.9% in 2022.