Mexico Awards 20 Renewable Energy Projects 3.3 Gigawatts of Contracts - CleanTechnica

Mexico has awarded contracts for 20 renewable energy projects totaling 3.3 gigawatts (GW) of capacity, representing a $4.75 billion investment by private companies across 11 states. Of these projects, 15 are solar power initiatives with a combined capacity of 2,471 megawatts (MW), while the remaining 5 are wind power projects totaling 849 MW. Additionally, 1,488 MW of energy storage projects received awards. These projects were selected from 98 submissions and are set to begin immediately, with land secured and permits approved. The majority are expected to be operational by 2028, with some coming online in 2027 and 2029. Despite this progress, the awarded 3.3 GW is just over half of the 6 GW target the Energy Ministry sought in its October call for proposals, with another tender planned to reach the full goal. Mexico still relies heavily on fossil gas for electricity, and more gas plants are under construction.