Mexico – Country Commercial Guide
Sources:
International Trade Administration
Date:
15 November 2023
Mexico has enormous potential to develop renewable energy projects. The country has high solar radiation, wind capacity, and geothermal sources. In addition, with the right technologies and expertise, the country could increase energy storage and green hydrogen projects. Harnessing this potential could help to diversify the energy supply, lower the cost of electricity, and support companies that have strict sustainability objectives and are committed to lower their carbon footprint. Despite changes in policy and delays in permits, the U.S. Commercial Service Mexico has seen increasing participation from both Mexican companies seeking U.S. renewable energy technologies and U.S. firms travelling to Mexico for trade shows and events with the interest of expanding operations in the country.