Does Mexico have solar power?

Solar power in Mexico has the potential to produce vast amounts of energy. 70% of the country has an insolation of greater than 4.5 kWh/m 2 /day. Using 15% efficient photovoltaics, a square 25 km (16 mi) on each side in the state of Chihuahua or the Sonoran Desert (0.01% of Mexico) could supply all of Mexico's electricity.

Will Mexico be key to the development of lithium batteries?

We believe Mexico will be key to the future of the development of lithium batteries as home to the world’s largest single lithium field – “La Ventana” in Sonora. The country likely holds around 17 other deposits, across Baja California Sur, Coahuila, San Luis Potosí, Sonora and Zacatecas, that are largely undeveloped.

Are Mexico's energy storage operations in a nascent stage?

Mexico’s energy storage operations are in their nascent stage compared to more widespread developments in the U.S. and several European countries.

Could Mexico's energy sector be nationalized?

Mexico has the potential to leverage its resource power, with its huge lithium reserves, to play an integral role in the future of the global battery sector. However, the nationalization of its energy sector could somewhat hinder this possibility.

Will Mexico be key to the electric vehicle boom?

The country likely holds around 17 other deposits, across Baja California Sur, Coahuila, San Luis Potosí, Sonora and Zacatecas, that are largely undeveloped. As demand for lithium increases, alongside battery storage innovations, we expect Mexico to be key to the much-anticipated electric vehicle boom and other battery developments.