Mexico Launches NDC 3.0: The Week in Energy

Mexico presented its new climate strategy, known as NDC 3.0, during the second day of the COP30 summit in Belém, Brazil, reaffirming its commitment to sustainable development and global decarbonization. The announcement comes as the country’s energy sector remains central to its emissions profile and climate goals ahead of its 2050 net-zero target.

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SENER Reports on Mexico's Energy Advancements

SENER reported that the government has consolidated a new energy model during President Claudia Sheinbaum’s first year in office, reinforcing state control over the sector and strengthening public companies to promote energy sovereignty and long-term planning. Minister of Energy Luz Elena González presented the update during her appearance before the Senate’s Energy Commission as part of the president’s first annual report.

Mexico Launches Battery Manufacturing Project for Olinia EV

SENER has launched a new battery manufacturing project to support the production of the Olinia electric vehicle, marking one of the administration’s flagship initiatives in the country’s push toward clean mobility and technological development.

Mexico’s Wind Sector Eyes New Investment as Market Reopens

Mexico’s wind energy industry anticipates significant investment opportunities following the reopening of the electricity sector to private participation, positioning itself as a strategic pillar in the country’s energy security, self-sufficiency, and sustainability goals. According to the Annual Report of the Mexican Wind Energy Association (AMDEE), the sector operated 74 wind farms in 2024, with a combined installed capacity of 7,782MW. These projects represent more than US$13.8 billion in cumulative investment and include 3,342 high-technology wind turbines installed across the country.

Energía Real Granted MX$2.13 Billion Green Loan

BANCOMEXT and Banco Multiva formalized a syndicated green loan of MX$2.13 billion (US$115.806 million) for Energía Real to finance Distributed Generation (DG) projects that combine solar and battery storage technologies. The 15-year credit represents the first financing structure in Mexico to integrate both technologies under a single project finance scheme.