Mexico is taking big steps to boost its renewable energy production. The Federal Electricity Commission (CFE) plans to invest 14.69 billion pesos in the Puerto Peñasco Solar Power Plant.
This project aims to reduce Mexico’s reliance on fossil fuels and cut its electrical dependence on the US. The CFE wants to generate electricity directly from the sun.
The Puerto Peñasco Solar Power Plant is set to become one of Latin America’s largest solar farms. It was launched during former President Andrés Manuel López Obrador’s term.
Expanding the Solar Farm
The CFE plans to add two new phases, Sequence III and IV, to the existing solar farm. These phases will increase the plant’s capacity by 580 megawatts, bringing the total to 1000 megawatts.
Sequence III will produce 300 megawatts, while Sequence IV will generate 280 megawatts. The new capacity will supply clean energy to around a million people.
The annual energy production is expected to exceed 1650 megawatts per hour, on top of the current 420 megawatts.
Job Creation and Environmental Benefits
The construction of the new phases will create up to 5000 jobs. The CFE has promised to minimize the project’s environmental impact.
The commission plans to restore the soil, manage waste and water properly, and avoid using harmful chemicals. The project is expected to be completed by 2027.
The CFE says this project aligns with President Claudia Sheinbaum’s ecological goals. Mexico aims to become a greener nation by relying on renewable energy sources.
The Puerto Peñasco Solar Power Plant is a key part of this strategy, helping Mexico reduce its carbon footprint and dependence on non-renewable energy.
Next Steps
The CFE will hold a tender for the construction of Sequence III on August 12, 2025, and for Sequence IV on August 21, 2025.
The estimated investment for Sequence III is $454 million, while Sequence IV will require $363 million. The project is expected to bring significant economic and environmental benefits to Mexico.