Mexico Seeks US$7.1 Billion in Renewables as CFE Restores Power

Mexico’s Ministry of Energy (SENER) has launched an open call for private investment in renewable energy projects aimed at adding 5,970MW of new power generation capacity across six priority regions. The initiative seeks to attract approximately US$7.14 billion in investment and raise the share of renewables in Mexico’s energy mix from 22% to 38%.

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Mexico Opens US$7.1 Billion Bid to Boost Renewable Power Capacity

Energy Minister Luz Elena González announced the program during a briefing at SENER headquarters, emphasizing transparency and regulatory certainty as key to building investor confidence. “We have established interinstitutional coordination mechanisms with clear procedures and defined timelines,” González said. “This call streamlines the process, organizes project submissions by region, and provides financial and technical viability for development.”

CFE Fully Restores Power to Eastern Mexico After Outage

Mexico’s CFE announced that power has been fully restored to users in eastern Mexico, following heavy rains that crippled the region's infrastructure earlier this month. The recovery effort was coordinated by CFE Director General Emilia Calleja and involved one of the largest emergency deployments by the utility in recent years, fully restoring power to the region in two weeks.

Global Renewables Surge but 2030 Targets Remain Out of Reach

Global renewable energy deployment continued its record-breaking trajectory in 2024, with new electricity capacity additions climbing 22% to nearly 685GW, according to the International Energy Agency’s Renewables 2025: Analysis and Forecasts to 2030 report. The surge marked the fastest pace of renewable expansion in history, underscoring the sector’s growing role in the global energy system despite persistent policy uncertainty and supply chain disruptions. Yet, IEA warns that this growth, while historic, remains insufficient to meet the COP28 goal of tripling global renewable capacity by 2030. Under existing policies, total renewable capacity is projected to reach 2.6 times its 2022 level by the end of the decade, still below the tripling target.

INEEL Unveils Hydrogen Fuel Cell EV at LATAM Mobility 2025

The National Institute for Electricity and Clean Energies (INEEL) showcased its Hydrogen Fuel Cell Electric Vehicle during the LATAM Mobility and Net Zero Mexico 2025 forum, one of Latin America’s leading events on sustainable transport and clean technology. Held on Oct. 13–14, the forum gathered public and private-sector specialists to discuss new technologies, policies, financing mechanisms, and safety standards for electric mobility. The event was inaugurated by Rodolfo Osorio, Head of Electromobility, Ministry of Economy.

Square Energy JV Enters Mexico with Solar, Wind, Storage Plans

Square Energy, a joint venture between Mexico’s Solventa Energía and Spain’s Circle Energy, is entering the Mexican market to develop large-scale solar, wind, and storage projects. The alliance aims to strengthen Mexico’s renewable energy infrastructure while providing industrial clients with integrated clean-power solutions.

VoltaGrid, Halliburton Partner on Distributed Power Solutions

VoltaGrid, a provider of distributed power and energy solutions, and Halliburton have signed a strategic collaboration agreement to deliver distributed power generation solutions for data centers worldwide. The initial rollout of the partnership is targeted for the Middle East.

Energy Dispute Continues as USMCA Review Approaches

The dispute over energy policy between the United States and Mexico under USMCA has entered a fresh, more volatile phase amid shifts in US trade stance and Mexico’s continued push to prioritize state energy enterprises. As the 2026 joint USMCA review approaches, both countries are repositioning on energy and trade, setting the stage for sharper confrontation or recalibration on how energy markets operate across North America.

US Energy Diplomacy Shifts Toward Long-Term LNG Influence

The United States is leveraging trade and defense relationships to expand long-term fossil fuel exports, reshaping global energy partnerships and signaling a new phase of energy diplomacy that prioritizes liquefied natural gas (LNG) over renewable cooperation. The strategy, driven by the Trump administration, seeks to secure decades-long contracts with allies in Europe and Asia, locking in demand for US fossil fuels and reinforcing Washington’s influence in global energy markets.

Skysense, BYD Partner to Deploy 300MWh of Storage in LATAM

Skysense, a Mexican company specializing in energy storage systems, has announced a strategic alliance with BYD Energy Storage to implement 300MWh of battery energy storage capacity across Mexico and Latin America through 2026.