Key Market Indicators
Mexican renewable energy generation is on track for significant growth, with projections indicating it will reach approximately 92 terawatt-hours by 2028. This marks a substantial increase from the 59 terawatt-hours recorded in 2023, reflecting an average annual growth rate of nearly 7%. Since 1978, the supply of renewable energy in Mexico has surged, showing an impressive average annual increase of 18%. This trend underscores the country's commitment to expanding its renewable energy capacity and reducing its reliance on fossil fuels. As Mexico continues to invest in renewable energy infrastructure, the steady rise in generation capacity highlights the nation's efforts to transition towards cleaner and more sustainable energy sources.
