Major Renewable Energy Expansion Under Mixed Development Model

Mexico's Federal Electricity Commission (CFE) awarded 37 contracts to 31 private developers for 7,411 megawatts of new electrical generation capacity. The package surpasses the initial target of 6,500 MW and represents an investment of approximately $7.4 billion.

The awards operate under a mixed development scheme in which the state-owned utility partners with private capital to share investment and risk. Of the total capacity awarded, roughly 6,710 MW comes from solar photovoltaic projects and approximately 700 MW from wind installations. The Yucatan Peninsula and northeastern Mexico account for 20 of the 37 selected projects. Cubico México led the winning developers with four projects awarded.

Overwhelming Market Response

The original bidding process attracted more than 200 proposals with combined generation potential near 38,000 megawatts, according to Review Energy reporting.

Selected Developers

Economic Impact and Future Demand

Carlos Serrano Herrera, chief economist at BBVA México, noted on June 18 that this exercise equals the combined total of all electricity auctions held between 2012 and 2018. The model expands electrical supply without straining public finances, as programmed spending represents only 8 percent of GDP.

The National Center for Energy Control projects that national electricity demand could reach 54,000 megawatts during peak heat periods in 2026. The Energy Ministry's official confirmation of the project construction timeline remained pending as of June 18.

Frequently Asked Questions

**How many megawatts did CFE award in the mixed development scheme for June 2026?**

The Federal Electricity Commission awarded 7,411 megawatts across 37 renewable projects on June 8, 2026. The total exceeds the initial 6,500 MW target and represents approximately $7.4 billion in solar and wind investment.

**Which developers won contracts in CFE's 2026 mixed scheme?**

31 developers were selected, led by Cubico México with four projects. Other winners include Thermion Energy, Eléctrica Aselco, Atlantica Renewable Power, Solarig, Oak Creek, Elawan Energy, Fisterra Energy, Polaris Renewable Energy, and Freeman Energy.

**What is the split between solar and wind in the awarded projects?**

Of the 7,411 megawatts awarded by CFE, approximately 6,710 MW comes from solar photovoltaic generation and 700 MW from wind generation. The Yucatan Peninsula and northeastern Mexico concentrate 20 of the 37 selected projects according to Review Energy.