1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 5 1.2 List of Figures 6 2 Executive Summary 7 2.1 Global Carbon Emissions to Increase at a Lower rate During the Forecast Period 7 2.2 Technological Advancements and Government Support Driving Global Renewable Power Installations 7 2.3 Top 10 Countries Account for Over 84% of Wind Power Capacity 7 2.4 Thermal Power is the Dominant Source in the Power Mix in Mexico 9 2.5 Target to Increase the Share of Clean Power to 35% in the Country’s Power Mix by 2024 10 3 Introduction 11 3.1 Carbon Emissions, Global, 2001-2016 11 3.2 Primary Energy Consumption, Global, 2001-2030 13 3.3 Wind Power, Global, Technology Definition and Classification 16 3.4 Wind Power Market, Technology Overview 16 3.5 Wind Power Market, Turbine Components 16 3.6 Report Guidance 18 4 Renewable Power Market, Global, 2006-2030 19 4.1 Renewable Power Market, Global, Overview 19 4.2 Renewable Power Market, Global, Installed Capacity, 2006-2030 20 4.2.1 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2006-2030 20 4.2.2 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2016 and 2030 22 4.2.3 Renewable Power Market, Global, Net Capacity Additions by Source Type, 2016-2030 24 4.2.4 Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 26 4.3 Renewable Power Market, Global, Power Generation, 2006-2030 28 4.3.1 Renewable Power Market, Global, Power Generation by Source Type, 2006-2030 28 4.3.2 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 30 4.4 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources, 2016 32 5 Wind Power Market, Global, 2006-2030 35 5.1 Wind Power Market, Global, Overview 35 5.2 Wind Power Market, Global, Installed Capacity, 2006-2030 36 5.2.1 Wind Power Market, Global, Installed Capacity Share by Region, 2016 and 2030 38 5.2.2 Wind Power Market, Global, Installed Capacity Share by Country, 2016 and 2030 40 5.2.3 Wind Power Market, Global, Installed Capacity Share by Segment, 2016 and 2030 42 5.3 Wind Power Market, Global, Power Generation, 2006-2030 43 5.3.1 Wind Power Market, Global, Generation Share by Region, 2016 and 2030 45 5.3.2 Wind Power Market, Global, Generation Share by Country, 2016 and 2030 47 5.3.3 Wind Power Market, Global, Generation Share by Segment, 2016 and 2030 49 5.4 Wind Power Market, Global, Investment Trends, 2016-2020 50 6 Power Market, Mexico, 2006-2030 52 6.1 Power Market, Mexico, Overview 52 6.2 Power Market, Mexico, Installed Capacity, 2006-2030 53 6.2.1 Power Market, Mexico, Cumulative Installed Capacity by Fuel Type, 2006-2030 53 6.2.2 Power Market, Mexico, Share in Cumulative Installed Capacity Split by Source Type, 2016 and 2030 56 6.2.3 Power Market, Mexico, Net Capacity Additions by Fuel Type, 2016 and 2030 57 6.2.4 Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 59 6.3 Power Market, Mexico, Power Generation, 2006-2030 61 6.3.1 Power Market, Mexico, Power Generation by Fuel Type, 2006-2030 61 6.3.2 Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 63 7 Renewable Power Market, Mexico, 2006-2030 65 7.1 Renewable Power Market, Mexico, Overview 65 7.2 Renewable Power Market, Mexico, Installed Capacity, 2006-2030 66 7.2.1 Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type, 2006-2030 66 7.2.2 Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type, 2016 and 2030 69 7.2.3 Renewable Power Market, Mexico, Net Capacity Additions by Source Type, 2016-2030 71 7.2.4 Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 73 7.3 Renewable Power Market, Mexico, Power Generation, 2006-2030 75 7.3.1 Renewable Power Market, Mexico, Power Generation by Source Type, 2006-2030 75 7.3.2 Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 78 8 Wind Power Market, Mexico, 2006-2030 80 8.1 Wind Power Market, Mexico, Overview 80 8.2 Wind Power Market, Mexico, Installed Capacity, 2006-2030 81 8.3 Wind Power Market, Mexico, Power Generation, 2006-2030 83 8.4 Wind Power Market, Mexico, Investment Trends, 2016-2020 85 8.5 Wind Power Market, Mexico, Project Based Analysis, 2016 87 8.5.1 Wind Power Market, Mexico, Major Active Plants, 2016 87 8.5.2 Wind Power Market, Mexico, Upcoming Projects, 2016 88 8.5.3 Wind Power Market, Mexico, Key Under-construction Projects, 2016 89 8.6 Wind Power Market, Mexico, Deal Analysis, 2016 90 8.6.1 Wind Power Market, Mexico, Deal Volume vs. Deal Value, 2006-2016 90 8.6.2 Wind Power Market, Mexico, Split by Deal Type, 2016 92 9 Power Market, Regulatory Scenario, Mexico 93 9.1 Overview 93 9.2 Electricity Industry Law 93 9.3 Capacity and Power Auctions Supported by Clean Energy Certificates 94 9.4 Renewable Energy Auctions 94 9.5 Mexico Renewable Energy Program 95 9.6 Energy Transition Law (Ley de Transición Energética, LTE) 96 9.7 General Law of Climate Change (Ley General de Cambio Climático) 96 9.8 Special Program for the Use of Renewable Energy 96 9.9 Resolution on Net-Metering 96 9.10 National Energy Strategy 97 9.11 National Commission for the Efficient Use of Energy 97 9.12 Large-Scale Renewable Energy Development Project 97 9.13 Accelerated Depreciation for Environmental Investment 98 9.14 Wheeling Service Agreement for Electricity from Renewable Energy Sources 98 9.15 Methodology to Establish Service Charges for the Transmission of Renewable Electricity 98 9.16 Grid Interconnection Contract for Renewable Energy 98 9.17 Renewable Energy Outlook - Vision for 2030 on the Use of Renewable Energy in Mexico 99 9.18 Renewable Energy Promotion-PromovER 99 9.19 Integrated Energy Services Project, 2007-2014 99 9.20 Light in the House Program (Luz en Casa Oaxaca) 100 9.21 Light for Mexico Program 100 9.22 Financial Incentives and Policy Support for Wind 100 9.23 Resolution on Interconnection of large hydro plants 100 9.24 Geothermal Energy Act 100 9.25 Law for the Promotion and Development of Bioenergy 101 9.26 Sustainable Rural Development Project for the Promotion of Alternative Energy Sources in Agribusiness 101 9.27 Value Added Agribusiness Risk Sharing Schemes 102 9.28 Program for Financing of Electric Energy Saving 102 9.29 Guidelines establishing and issuing Clean Energy Certificates 102 9.30 Law for the Sustainable Use of Energy (Ley para el Aprovechamiento Sustentable de la Energía, LASE) 103 9.31 Law for Sustainable Use of Energy and the National Program for the Sustainable Use of Energy (PRONASE) 103 9.32 Compact Fluorescent Lamp Market 104 9.33 Solar Water Heaters Program 104 9.34 Green Mortgage Program 104 9.35 Nationally Determined Contribution (NDC) to the Paris Agreement (COP21) 105 10 Wind Power Market, Mexico, Company Profiles 106 10.1 Company Snapshot: InterGen Services, Inc. 106 10.1.1 InterGen Services, Inc. - Company Overview 106 10.1.2 InterGen Services, Inc. - Business Description 106 10.1.3 InterGen Services, Inc. - SWOT Analysis 106 10.1.4 InterGen Services, Inc. - Major Products and Services 109 10.1.5 InterGen Services, Inc. - Head Office 109 10.2 Company Snapshot: EDF Energies Nouvelles SA 110 10.2.1 EDF Energies Nouvelles SA - Company Overview 110 10.2.2 EDF Energies Nouvelles SA - Business Description 110 10.2.3 EDF Energies Nouvelles SA - SWOT Analysis 110 10.2.4 EDF Energies Nouvelles SA - Major Products and Services 113 10.2.5 EDF Energies Nouvelles SA - Head Office 113 10.3 Company Snapshot: Comision Federal de Electricidad 114 10.3.1 Comision Federal de Electricidad - Company Overview 114 10.3.2 Comision Federal de Electricidad - Business Description 114 10.3.3 Comision Federal de Electricidad - SWOT Analysis 114 10.3.4 Comision Federal de Electricidad - Major Products and Services 117 10.3.5 Comision Federal de Electricidad - Head Office 117 10.4 Company Snapshot: Acciona Energia, S.A. 118 10.4.1 Acciona Energia, S.A. - Company Overview 118 10.4.2 Acciona Energia, S.A. - Business Description 118 10.4.3 Acciona Energia, S.A. - SWOT Analysis 119 10.4.4 Acciona Energia, S.A. - Major Products and Services 122 10.4.5 Acciona Energia, S.A. - Head Office 122 11 Appendix 123 11.1 Abbreviations 123 11.2 Bibliography 123 11.3 Market Definitions 124 11.4 Methodology 124 11.5 Coverage 124 11.5.1 Secondary Research 125 11.5.2 Primary Research 125 11.5.3 Modeling and Forecasting 125 11.6 Contact Us 125 11.7 Disclaimer 126

1.1 List of Tables Table 1: Carbon Dioxide Emissions from Energy Consumption, Global (MT), 2001-2016 13 Table 2: Primary Energy Consumption, Global (Mtoe), 2001-2030 15 Table 3: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 21 Table 4: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 23 Table 5: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2016-2030 25 Table 6: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 27 Table 7: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 29 Table 8: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 31 Table 9: Renewable Power Market, Global, Assumptions for LCOE Calculation 32 Table 10: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2016 34 Table 11: Wind Power Market, Global, Installed Capacity (MW), 2006-2030 37 Table 12: Wind Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2016 and 2030 39 Table 13: Wind Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2016 and 2030 41 Table 14: Wind Power Market, Global, Cumulative Installed Capacity Share by Segment (%), 2016 and 2030 42 Table 15: Wind Power Market, Global, Power Generation (GWh), 2006-2030 44 Table 16: Wind Power Market, Global, Generation Share by Region (%), 2016 and 2030 46 Table 17: Wind Power Market, Global, Generation Share by Country (%), 2016 and 2030 48 Table 18: Wind Power Market, Global, Generation Share by Segment (%), 2016 and 2030 49 Table 19: Wind Power Market, Global, New Investment ($m), 2016-2020 51 Table 20: Power Market, Mexico, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 55 Table 21: Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 56 Table 22: Power Market, Mexico, Net Capacity Additions by Fuel Type(MW), 2016 and 2030 58 Table 23: Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 60 Table 24: Power Market, Mexico, Power Generation by Fuel Type (GWh), 2006-2030 62 Table 25: Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 64 Table 26: Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type (MW), 2006-2030 68 Table 27: Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 70 Table 28: Renewable Power Market, Mexico, Net Capacity Additions by Source Type (MW), 2016-2030 72 Table 29: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 74 Table 30: Renewable Power Market, Mexico, Power Generation by Source Type (GWh), 2006-2030 77 Table 31: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 79 Table 32: Wind Power Market, Mexico, Installed Capacity (MW), 2006-2030 82 Table 33: Wind Power Market, Mexico, Power Generation (GWh), 2006-2030 84 Table 34: Wind Power Market, Mexico, New Investment ($m), 2016-2020 86 Table 35: Wind Power Market, Mexico, Major Active Plants, 2016 87 Table 36: Wind Power Market, Mexico, Upcoming Projects, 2016 88 Table 37: Wind Power Market, Mexico, Key Under-construction Projects, 2016 89 Table 38: Wind Power Market, Mexico, Deal Volume vs. Deal Value ($m), 2006-2016 91 Table 39: Wind Power Market, Mexico, Deals by Type, 2016 92 Table 40: InterGen Services, Inc., Major Products and Services 109 Table 41: EDF Energies Nouvelles SA , Major Products and Services 113 Table 42: Comision Federal de Electricidad, Major Products and Services 117 Table 43: Acciona Energia, S.A., Major Products and Services 122 Table 44: Abbreviations 123 1.2 List of Figures Figure 1: Wind Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2016 8 Figure 2: Power Market, Mexico, Cumulative Installed Capacity by Type of Power Plant (%), 2016 9 Figure 3: Carbon-di-oxide Emissions from Energy Consumption, Global (MT), 2001-2016 12 Figure 4: Primary Energy Consumption, Global (Mtoe), 2001-2030 14 Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (MW), 2006-2030 20 Figure 6: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 22 Figure 7: Renewable Power Market, Global, Net Capacity Additions by Source Type (MW), 2016-2030 24 Figure 8: Renewable Power Market, Global, Comparison by Cumulative Installed Capacity of Technology, 2016-2030 26 Figure 9: Renewable Power Market, Global, Power Generation (GWh), 2006-2030 28 Figure 10: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2016-2030 30 Figure 11: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2016 33 Figure 12: Wind Power Market, Global, Installed Capacity (MW), 2006-2030 36 Figure 13: Wind Power Market, Global, Cumulative Installed Capacity Share by Region (%), 2016 and 2030 38 Figure 14: Wind Power Market, Global, Cumulative Installed Capacity Share by Country (%), 2016 and 2030 40 Figure 15: Wind Power Market, Global, Cumulative Installed Capacity Share by Segment (%), 2016 and 2030 42 Figure 16: Wind Power Market, Global, Power Generation (GWh), 2006-2030 43 Figure 17: Wind Power Market, Global, Generation Share by Region (%), 2016 and 2030 45 Figure 18: Wind Power Market, Global, Generation Share by Country (%), 2016 and 2030 47 Figure 19: Wind Power Market, Global, Generation Share by Segment (%), 2016 and 2030 49 Figure 20: Wind Power Market, Global, New Investment ($m), 2016-2020 50 Figure 21: Power Market, Mexico, Cumulative Installed Capacity by Fuel Type(MW), 2006-2030 54 Figure 22: Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 56 Figure 23: Power Market, Mexico, Net Capacity Additions by Fuel Type(MW), 2016 and 2030 57 Figure 24: Power Market, Mexico, Comparison of Technologies Based on Installed Capacity, 2016-2030 59 Figure 25: Power Market, Mexico, Power Generation by Fuel Type (GWh), 2006-2030 61 Figure 26: Power Market, Mexico, Comparison of Technologies Based on Power Generation, 2016-2030 63 Figure 27: Renewable Power Market, Mexico, Cumulative Installed Capacity by Source Type (MW), 2006-2030 67 Figure 28: Renewable Power Market, Mexico, Cumulative Installed Capacity Split by Source Type (%), 2016 and 2030 69 Figure 29: Renewable Power Market, Mexico, Net Capacity Additions by Source Type (MW), 2016-2030 71 Figure 30: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Installed Capacity, 2016-2030 73 Figure 31: Renewable Power Market, Mexico, Power Generation by Source Type (GWh), 2006-2030 76 Figure 32: Renewable Power Market, Mexico, Comparison of Renewable Power Sources Based on Power Generation, 2016-2030 78 Figure 33: Wind Power Market, Mexico, Installed Capacity (MW), 2006-2030 81 Figure 34: Wind Power Market, Mexico, Power Generation (GWh), 2006-2030 83 Figure 35: Wind Power Market, Mexico, New Investment ($m), 2016-2020 85 Figure 36: Wind Power Market, Mexico, Upcoming Projects, 2016 88 Figure 37: Wind Power Market, Mexico, Deal Volume vs. Deal Value ($m), 2006-2016 90 Figure 38: Wind Power Market, Mexico, Split by Deal Type (%), 2016 92

InterGen Services, Inc. EDF Energies Nouvelles SA Comision Federal de Electricidad Acciona Energia, S.A.