Mexico Advances Clean Energy, Faces Circular Economy Gap

The Jalisco State Energy Agency and Serfimex Capital signed a collaboration agreement to mobilize up to MX$1 billion in clean energy investments. Meanwhile, the Mexican Association of Online Sales reported that although 38% of women currently purchase used clothing, 55% of these consumers only buy items without participating in resale, limiting circularity. Separately, the North American Development Bank and Engen Capital signed a MX$400 million credit agreement to finance energy-efficiency equipment.

 

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Jalisco, Serfimex Capital Eye MX$1 Billion in Energy Investment

The Jalisco State Energy Agency and Serfimex Capital signed a collaboration agreement during the Ecomondo and RE+ México 2026 to mobilize investments of up to MX$1 billion (US$57.85 million) in clean energy projects. The agreement provides financing lines for photovoltaic systems ranging from 0.1 MW to 0.7 MW, as well as flexible financing schemes for Battery Energy Storage Systems (BESS). Serfimex Capital, through its specialized division Serfimex Solar, will structure these financial products with competitive conditions, including zero-down-payment options and terms of up to 72 months. Furthermore, the investments are 100% tax-deductible, improving the financial attractiveness of clean energy adoption for businesses.

Mexico’s Second-Hand Market Expands, Resale Gap Persists

Second-hand consumption is expanding rapidly in Mexico, with 38% of women currently purchasing used clothing, according to a new study by the Mexican Association of Online Sales (AMVO). However, 55% of these consumers only buy items without participating in resale, preventing the market from closing the consumption cycle and limiting the broader economic impact of circularity. While the circular model has yet to fully take hold, industry experts say the traditional linear model — “produce, use and discard” — is facing increasing scrutiny over its long-term viability. A study by Universidad Iberoamericana found that 65% of Mexican consumers are concerned about fast fashion’s environmental footprint, while 70% are willing to pay more for ethically and sustainably produced clothing, according to Greenpeace.

NADBank, Engen Sign MX$400 Million Credit for Border Projects

The North American Development Bank (NADBank) and Engen Capital have signed a MX$400 million (US$23.17 million) credit agreement to finance the acquisition of energy-efficient industrial and transport equipment along the US-Mexico border. The agreement, announced in April 2026, forms part of a broader MX$4.15 billion (US$240.32 million) syndicated loan facility structured through a trust to support Engen Capital and its subsidiaries in originating sustainable assets. The credit facility targets critical environmental infrastructure challenges in the border region, including energy consumption, cargo and passenger mobility, and wastewater treatment. By facilitating access to high-efficiency assets, the partnership aims to reduce operating costs and carbon emissions for industrial firms while improving quality of life in border communities.

SEMARNAT Consults Puebla Circular Economy Park

Representatives from Mexico’s Ministry of Environment and Natural Resources (SEMARNAT) held a consultation on April 5 with the ejidal community and residents of San Jose Chiapa, Puebla, to present the progress and scope of the Puebla Circular Economy Park. Although the federal government initially bypassed the consultation mandate, this engagement is critical for securing social license amid local opposition and legal threats tied to water scarcity and groundwater contamination in the Libres-Oriental basin.