The Mexico power market demonstrates moderate concentration: CFE holds more than half of the installed generation, Iberdrola, Enel, Acciona, and Sempra Infrastructure collectively add 18%, and the next 15 producers share the remainder.
Solar PV already totals 10.67 GW and is projected to surpass 27 GW by 2030, keeping Mexico among Latin America’s most dynamic solar markets. Wind additions are also rising, led by Sempra Infrastructure’s 320 MW Cimarron farm backed by a 20-year PPA that signals deep market confidence.
By end user, industrial facilities accounted for 68% of the Mexican power market size in 2024, whereas commercial and service demand recorded the fastest rise at a 7.5% CAGR. CFE, Iberdrola, Enel, Acciona, and Sempra Infrastructure collectively control a major share of installed generation, underscoring a moderately concentrated arena.
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. The Mexico Power Market size in terms of installed base is expected to grow from 123.15 gigawatt in 2025 to 146.81 gigawatt by 2030, at a CAGR of 3.58% during the forecast period (2025-2030).
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Climatescope is an online market assessment tool, report and index that evaluates individual emerging markets'' readiness to put energy transition investment to work.
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