[1] A law requiring 35% of electricity from renewable resources by 2024 and carbon emission reductions of 50% below 2000 levels by 2050 was introduced in 2012.
[7] In December 2013, the Mexican government passed a Constitutional Reform that effectively opened the energy sector to private investment, both for electricity generation and petroleum exploration and extraction.
Long and medium term auctions are the main mechanisms used to incentivize capacity and energy growth.
[11] At a clean source auction that year, solar won 1,860 MW at an average price of $50.7 per MWh (ranging between $35 and $67).
Other sources such as gas, hydro and geothermal received no awards, and wind power won a smaller share than solar.
[17][18] A 405 MWp (megawatt-peak) photovoltaic project in Puerto Libertad, Sonora was completed in December, 2018.
[19] Originally planned to be 39 MW, the size was increased to allow generation of approximately 963 GWh (gigawatt-hours) of electricity per year.
[23] Currently, 98% of all distributed generation can be attributed to solar PV panels installed on rooftops or small businesses.