Mexico plans to deploy 4.67GW of large-scale photovoltaic power plants by 2030

Mexican President Claudia Sheinbaum has announced the 2025-30 National Power System Expansion Plan, which aims to add 13.02 GW of new power generation capacity within six years.

In the field of new energy generation, the plan includes 9 photovoltaic projects with a total investment of 4.9 billion US dollars and a total power generation capacity of 4.67 GW. These projects are expected to be launched between 2027 and 2028; Simultaneously covering 7 wind power projects with a total generating capacity of 2.47GW, requiring an investment of 3.2 billion US dollars.

In terms of fossil fuel power generation, the plan outlines five combined cycle projects with a total power generation capacity of 3.43GW, one 240MW internal combustion project, and three cogeneration projects in collaboration between the state-owned Federal Electricity Commission (CFE) and Mexican oil giant Pemex, which can add 2.4GW of power generation capacity.

Claudia Sheinbaum stated that private companies will also actively participate and are expected to contribute at least 6400MW of power generation capacity, with the majority coming from renewable energy sources. This will fully mobilize market vitality and accelerate the widespread application of clean energy.

In addition, the government plans to build 10 new power plants and restart 16 hydropower projects that were already initiated by the previous government, which can increase the power generation capacity by 535.6 MW after completion.

To match the growth of power generation capacity, the plan will allocate $46 billion for transmission networks and $3.6 billion for distribution infrastructure, comprehensively improving the efficiency of power transmission and distribution.