Mexico is progressing with its green energy transition, following a period of delay under the previous administration, OilPrice.com reported. The current government has initiated an energy reform aimed at increasing private investment in the country's energy sector.

This reform specifically focuses on expanding Mexico's renewable energy capacity. The government's commitment to accelerating clean energy deployment is evident through the approval of several new solar and wind power projects.

OilPrice.com stated that President Claudia Sheinbaum launched this energy reform. The strategic roadmap for Mexico's energy transition was introduced in February, marking a significant step in the country's green initiatives.