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

Mexico’s Ministry of Energy (SENER) has launched an open call for private investment in renewable energy projects aimed at adding 5,970 megawatts (MW) 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%.

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.”

The six targeted regions and their planned capacities are: Central (550 MW), Oriental (1,320 MW), Occidental (1,350 MW), Peninsular (1,770 MW), Norte (30 MW), and Noreste (950 MW). States included in the scheme include Baja California, Baja California Sur, Sonora, and Sinaloa. Of the total capacity, 3,790 MW will come from solar photovoltaic projects and 2,180 MW from wind power.

The process consists of five stages with defined deadlines: registration (Oct. 20–24), integration of documentation (Oct. 20–Nov. 5), project evaluation (Nov. 6–Dec. 9), approval and notification (Dec. 10–12), and a post-call execution phase beginning Dec. 12. Projects not aligned with the national planning framework may continue through standard permitting channels but will not receive priority attention. SENER noted that missing deadlines or failing to comply with permit terms could result in revocation.