• SHARE: Danish wind giant Vestas retained its leadership in the Mexican wind turbine market in 2019 of about 30% share by adding 300 megawatts in installed capacity, despite a great deal of uncertainty in the sector due to policies by the new Mexican government.
• HISTORY: Having erected Mexico’s first commercial wind turbine in 1994, Vestas has now over 2.4 gigawatts (GW) of installed capacity, from the southern state of Oaxaca to the northeastern state of Tamaulipas. Mexico has the second-largest wind energy potential in Latin America.
• YEAR: “The company is very strong in Mexico. Although the market has seen great uncertainty, I think overall it has been a good year for business (…) 300 megawatts, considering that the (transmission) auctions have been canceled”, said Agustín Sánchez Tembleque, head of Vestas Mexico.
• AUCTIONS: Back in early 2019, the new López Obrador Administration canceled new transmission infrastructure auctions, arguing a multitude of economic, technical, and planning factors. For a long time, transmission bottlenecks have been a key obstacle in Mexico’s electricity market.
