Featured in Battling the elements – 09-2025

Gulf of expectation

Although new terms of investment and government targets have been introduced in Mexico and investor confidence in the country’s PV sector appears to be cautiously increasing, the turnaround is likely to be steady rather than spectacular, writes Neil Ford.

By

pv magazine

08 Sep 2025

The Aura Solar 1 array, connected to the grid in 2014, was the first project in Mexico for which the country’s Federal Electricity Commission signed a PPA with a private company. Since then, more than 3.5 GW of large-scale solar have been installed in Mexico. | Image: Gauss Energia

Solar development slowed under the previous Mexican president, Andres Manuel Lopez Obrador, as the government largely overlooked renewables. Few solar development permits were issued under his presidency. Mexico had 10.9 GW of total installed PV capacity at the end of 2023, and generated 8% of its electricity from solar plus 5% from wind in 2024, …

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