Mexico

Mexico's energy regulator approves six private solar plants totalling 649 MW

The approvals add new generation capacity as Mexico faces a power shortage, a development that matters to investors and government planners in the energy sector.

Photo: Oscar Dominguez, Pexels

What happened

On November 6, 2026, the National Energy Commission awarded generation permits to six private photovoltaic solar projects at the close of the second priority call launched by the energy ministry. bnamericas.com+1 The six plants represent net new capacity of 649 MW and an estimated investment of about US$750 million. bnamericas.com+1 The plants will be built in six states and will operate under the Wholesale Electricity Market generation framework. NOVUM Green Park Energy, a subsidiary of Spain-based Cox, won permits for three projects. bnamericas.com Mexico's two largest privately owned electricity suppliers, Cox and Ammper, won approval for new solar-and-battery storage projects. bnamericas.com

Around it

Mexico faces a shortage of generation capacity as electricity demand rises, and both companies are racing to build new plants to supply large customers. bnamericas.com The permits were awarded through the second call, which received 57 applications, of which 31 met the initial requirements and six obtained a permit. NOVUM The round follows a first call in December 2025. NOVUM

What comes next

Of the approved capacity, 37% is scheduled to begin operating in 2028 and 63% in 2029. NOVUM

Sources

  1. bnamericas.comBNamericas (opens in a new tab)
  2. NOVUMCNE approves six solar plants: $750M, 649 MW (opens in a new tab)

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