Mexico Renewable Energy Growth Plan: 22GW New Capacity by 2030 with 12GW Solar PV – News and Statistics – IndexBox

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Mexico has announced plans to add 22GW of new renewable energy capacity by 2030, with solar photovoltaic (PV) systems expected to contribute 12GW of that total, according to a report from PV Tech.
The country’s president, Claudia Sheinbaum, presented the Renewable Energy Growth Plan, describing it as a historic moment for Mexico as the nation seeks to reduce its reliance on fossil fuels and accelerate its transition to clean energy. The target would raise the share of renewable energy in Mexico’s overall energy mix to 38%. Solar PV generation is projected to increase by 140% over a four-year period.
Energy Minister Luz Elena Gonzalez Escobar disclosed that Mexico currently has a pipeline of 50 solar PV projects, with a combined capacity of 7.8GW.
To help achieve the 12GW solar PV goal, a call for renewable energy projects in December 2025 awarded 2.6GW of solar PV capacity. Some of those awarded projects are expected to begin commercial operations in June 2028.
Two notable hybrid solar PV projects were highlighted. The first, named Rafael Galvan Maldonado, is a solar-plus-storage facility that will include 1GW of solar PV and a 246MW battery energy storage system (BESS). The total investment for this project is expected to exceed US$1.4 billion. It is located in the northern state of Sonora, which borders the United States.
The second project will co-locate 72MW of solar PV with 20MW of BESS for the production of green hydrogen. This facility will be situated in the neighboring region of Baja California.
The government stated that total investment will amount to MXN739 billion (US$42.3 billion) for the addition of 32GW of new capacity by 2030. Of that investment, 20.8% will come from private sources, 36.6% from the government, and the remainder will be funded through a mixed scheme.
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