Solfium Invests $10 Million in Querétaro’s Solar Energy Plant

Web Editor

November 5, 2025

a roof with a solar panel on it and a forest in the background with clouds in the sky and a few tree

Background on Solfium and its Relevance

Solfium, a Canadian-based solar energy company, has announced a $10 million investment in a solar energy plant in Querétaro, Mexico. This strategic move underscores their commitment to clean energy and fostering growth in the region.

Project Details and Impact

The investment is expected to create 150 direct jobs and an additional 600 indirect positions, according to the state government. Solfium’s CEO and co-founder, Andrés Friedman, highlighted the significance of this investment in promoting one of the cleanest energy sources.

Through a technological platform, Solfium integrates installers, suppliers, financiers, and logistical partners to offer customized solutions for each client. Friedman emphasized that this technological development has enabled the company to attract investment funds and implement these technologies in Querétaro.

For Solfium’s clients, these projects will result in over $1.6 billion in savings and a reduction of 3.5 million tons of CO2. The company aims to positively impact more than 2,500 small and medium-sized enterprises.

Growth Opportunities in Querétaro

Juan Osuna, Solfium’s co-founder and CCO, praised Querétaro’s conditions for growth. He stated that the state can lead global transformations with impacts extending to Mexico and internationally.

Government Support for Renewable Energy

During the investment announcement, Governor Mauricio Kuri González emphasized the state’s goal to position Querétaro as a leader in Mexico’s energy transition. He stressed the administration’s commitment to energy supply, environmental preservation, and fostering a sustainable ecosystem.

Kuri González highlighted the importance of legal certainty for Querétaro’s thriving business environment and its potential as a small yet significant player in the national landscape. He also praised solar energy as a renewable, clean, and inexhaustible source that does not produce greenhouse gases.

Solfium’s Role in Energy Transition

Marco Antonio del Prete Tercero, Secretary of Sustainable Development (SEDESU), acknowledged that Solfium’s project aligns with the state’s objective of reducing CO2 emissions.

Del Prete Tercero explained that solar panels generate clean energy, promote energy efficiency, and reduce costs. He emphasized the collaboration between Solfium, the industry, and citizens to decrease CO2 emissions.

Key Questions and Answers

  • Who is Solfium? Solfium is a Canadian-based solar energy company that aims to provide integrated energy solutions and promote the transition towards clean energy.
  • What is the investment amount and its purpose? Solfium has invested $10 million in a solar energy plant in Querétaro, Mexico, to create jobs and promote clean energy.
  • How will this investment impact the region? The project is expected to create 150 direct jobs, 600 indirect positions, and result in significant savings and CO2 reduction for clients.
  • What role does technology play in Solfium’s operations? Solfium utilizes a technological platform to integrate various partners and offer customized energy solutions.
  • Why is Querétaro a suitable location for Solfium’s investment? Querétaro offers a favorable business environment with legal certainty, making it an attractive location for companies like Solfium.
  • How does the government support renewable energy initiatives? The Querétaro state government aims to position the region as a leader in Mexico’s energy transition and foster sustainable development.