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 7,782 megawatts. These projects represent more than US$13.8 billion in cumulative investment and include 3,342 high-technology wind turbines installed across the country.

AMDEE reported that the wind sector supports the four pillars of the National Strategy for the Electricity Sector (ENSE): strengthened national planning, energy justice, a robust and reliable grid, and clear regulatory rules to foster and expand private investment.

Gerardo Pérez, AMDEE’s president, stated that Mexico has the potential to attract over US$50 billion in new wind energy investments. Of that amount, at least US$30 billion could be deployed during the current administration, driven by the renewed openness to private participation.

In 2024, wind generation reached 19.9 terawatt-hours, representing 5.68% of Mexico’s total electricity output—enough to power 11.4 million households. The association added that wind energy use prevented the emission of 8 million tons of carbon dioxide, equivalent to removing 2.1 million cars from circulation.

Since 2009, the cost of wind generation has declined by 64%, reinforcing its position among the most competitive renewable sources and advancing Mexico’s energy transition objectives. The report also noted that the industry currently provides more than 9,780 direct jobs nationwide.