When legal reforms were passed last year that allowed large-scale private investment in the energy sector for the first time, Latin America’s second-biggest country simultaneously agreed ambitious targets for renewables — 35% of the electricity mix by 2024 and 50% by 2050 (up from 18% at the end of 2014, which was mostly large-scale hydropower).
The government subsequently unveiled a series of renewables tenders — the first of which was held in March, with the second one coming this month — as well as rules and regulations that encourage self-supply and distributed generation in both the commercial/industrial (C&I) and residential sectors.
Mexico
