BMI View: Mexico’s strong project pipeline for renewables, particularly wind, is indicative of the country’s relatively attractive investment climate and promising economic projections which are helping to drive the renewables industry. As such, we expect Mexico to emerge as a key renewable energy player in Latin America over our 10-year forecast period. That said, we flag policy continuity and the country’s focus on gas generation as key downside risks to the renewables industry’s expansion. We previously noted that Mexico’s adoption of the ‘General Law on Climate Change’ in June 2012 could be a turning point in the country’s energy agenda, …
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