Public and Private Sector Investments in Energy Projects
During a morning press conference led by Mexico’s President Claudia Sheinbaum, significant public and private investments in electricity generation were announced for Quintana Roo and five private projects across the Yucatan Peninsula.
Public Investment in Quintana Roo
Emilia Calleja, Director of the Federal Electricity Commission (CFE), unveiled a 110-megawatt photovoltaic power plant project for Quintana Roo. This initiative is being developed in collaboration with the National Infrastructure Fund (Fonadin) under a mixed institutional coordination scheme.
- This collaboration identified Quintana Roo’s optimal technical conditions and financial viability for the solar energy project development.
- The mixed institutional coordination scheme established tripartite tables to pinpoint the best conditions for this project.
Private Investments Across the Yucatan Peninsula
Luz Elena Escobar, Secretary of Energy (SENER), announced 20 private projects nationwide, with five located in the Yucatan Peninsula. These projects total an investment of $2,219 million, with operations set to commence in June 2028 and June 2029.
- These projects resulted from a call for bids launched in October, offering private entities a total capacity of 6,000 megawatts across six regions needing electricity infrastructure reinforcement.
- The selection of these 20 private projects considered not only meeting the required demand but also incorporated a transversal commitment to energy justice through social management plans and valued innovation and technological development.
Project Details
Of the 20 projects:
- 15 are photovoltaic projects with a combined capacity of 2,471 megawatts.
- Five are wind energy projects contributing 849 megawatts, totaling a combined capacity of 3,320 megawatts.
- Additionally, there are 1,488 megawatts of energy storage capacity.
These projects will be constructed in Campeche, Hidalgo, Yucatán, Guanajuato, Oaxaca, Tamaulipas, Quintana Roo, Puebla, Veracruz, Zacatecas, and Querétaro.
Key Questions and Answers
- What was announced during the press conference? Significant public and private investments in electricity generation projects for Quintana Roo and five private projects across the Yucatan Peninsula.
- Who announced these investments? Emilia Calleja, Director of the Federal Electricity Commission (CFE), announced a 110-megawatt photovoltaic power plant project for Quintana Roo. Luz Elena Escobar, Secretary of Energy (SENER), announced 20 private projects nationwide.
- What is the total investment for the Yucatan Peninsula projects? The total investment for the five private projects in the Yucatan Peninsula is $2,219 million.
- When will these projects start operations? Operations are scheduled to commence in June 2028 and June 2029.
- What types of projects are included in the 20 private investments? The projects consist of 15 photovoltaic, five wind energy, and energy storage capacity totaling 3,320 megawatts and 1,488 megawatts, respectively.
- In which states will these projects be constructed? The projects will be built in Campeche, Hidalgo, Yucatán, Guanajuato, Oaxaca, Tamaulipas, Quintana Roo, Puebla, Veracruz, Zacatecas, and Querétaro.