A Sunny Future for Mexico



The scorching hot Sonora Desert in Northern Mexico isn't exactly a hospitable place for human beings, but some consider it a goldmine. According to experts, a mere 25 square kilometers could provide enough solar energy to supply Mexico's 114 million inhabitants with electricity.   Mexico is the perfect place to invest in solar energy; Global Horizontal Irradiation (GHI) averages approximately 5 kWh/m2/day. In fact, a June 2009 GTZ report indicated that 0,06% of Mexico's national territory would be sufficient to generate the entire electricity consumption of the country.
Moreover, Mexico has an open economy, which has shown remarkable resilience despite a severe backlash from the international crisis in 2009. Growth amounted to 3,8% last year, with similar figures expected for 2013. Its geographical advantage as the United States' nextdoor neighbor and its plethora of free trade agreements attract investors from across the globe.