Mexico announces 32 GW renewable plan and awards 37 projects in auction
The Sheinbaum administration unveiled Mexico's largest-ever electricity expansion plan, with 70% from renewable sources. SENER awarded 37 private projects, signaling openness to investment.
The announcement represents the largest shift in Mexican energy policy in a decade. With 32 GW additional and 70% renewable, the plan reverses the fossil fuel priority. The award of 37 private projects signals recognition of private capital's role. The plan includes generation, transmission and distribution, with estimated investments of USD 45 billion. ALAGER follows Mexico's return to the clean energy market with interest.
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