Mexico Deploys 32 GW Power Plan with 22 GW Renewables by 2030

On June 24, 2026, the Mexican government unveiled the National Electric System Strengthening and Expansion Plan (SEN) 2025-2030, adding 32,475 megawatts (MW) of new generation capacity, of which 22,376 MW will come from renewable sources, according to the Proyectos México portal. Total investment stands at 739 billion pesos, equivalent to $42 billion.

Energy Secretary Luz Elena González stated that the target is to reach 38 percent clean electricity generation by the end of the decade. The plan was reported by Expansión on June 26. Renewables account for 70 percent of new capacity, with projected increases of 140 percent in solar photovoltaic, 70 percent in wind, 90 percent in geothermal, and 18 percent in hydroelectric relative to current levels. The Federal Electricity Commission (CFE) will oversee 51 generation projects, covering both self-funded works and mixed public-private investment schemes.

Financing is split across three channels: 36.6 percent from CFE's own resources, 42.6 percent through public-private mixed investment schemes, and 20.8 percent via private investment. CFE Director Emilia Esther Calleja highlighted the Rafael Galván Maldonado Solar Plant in Sonora, a 1,000 MW solar facility with 246 MW of battery storage, and the Oasis project in Baja California Sur, featuring 72 MW solar, 20 MW of battery storage, and green hydrogen. In parallel, Expansión reported that 7,411 MW have already been awarded in the first round of mixed investment schemes, with operations expected between 2028 and 2029. Specialists consulted by that outlet noted that the transmission grid, with 275 line projects and 524 planned substations, is advancing more slowly than the awarded generation capacity.

The plan defines the investment map for Mexico's electricity sector through the rest of the decade. With 79 percent of new capacity under CFE control, the window for private capital is concentrated in the 6,750 MW of direct private investment and in subsequent rounds of mixed investment schemes.

This article was drafted with artificial intelligence assistance from verified sources and reviewed by a human editor before publication.