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Mexico Bi-facial Solar Market Overview, 2031

Mexico Bi-facial Solar market is projected to reach USD 386.05 Million by 2031, driven by rising solar deployment and demand for high-yield bifacial modules.

Market Insights on Mexico Bi-facial Solar Market


• Mexico has emerged as one of Latin America's fastest-growing solar energy markets, with the Secretaría de Energía (SENER) and the Asociación Mexicana de la Industria Fotovoltaica (AMIF) reporting that installed solar capacity surpassed 13 gigawatts in 2025, encompassing both large-scale parks and distributed generation systems across homes and businesses. This remarkable growth trajectory builds upon the country's privileged solar resource, with average radiation of 5.5 kWh per square meter per day placing Mexico among the three regional leaders alongside Brazil and Chile in photovoltaic capacity. The sector's evolution over the past five years has been propelled by the energy reform of 2013 that opened doors to new investments, enabling Mexico to climb from less than 50 megawatts installed in 2012 to surpassing 1,000 megawatts by 2017.
According to the research report, "Mexico Bi-facial Solar Market Overview, 2031," published by Bonafide Research, the Mexico Bi-facial Solar market is expected to reach a market size of USD 386.05 Million by 2031. The Comisión Federal de Electricidad has confirmed a more than 40% increase in distributed generation contracts between 2023 and 2024, accelerating access to clean energy in households and businesses. SENER's latest renewable energy report indicates that approximately 30% of national electricity now comes from clean sources, with solar energy representing the fastest-growing segment. The market is further energized by annual average growth of 20%, with projections exceeding 20 gigawatts of installed solar capacity by 2030.
• Mexico's manufacturing capabilities have also expanded significantly, with the country now possessing the largest photovoltaic module manufacturing base in Latin America, featuring an annual production capacity exceeding 1,217 megawatts. The inauguration of Tonalli Energía Solar's factory in Puebla in June 2025, representing a public-private investment of approximately MX$325 million with capacity to produce 200,000 panels annually, has established the first fully Mexican-owned solar panel manufacturing facility. This facility received the federal government's "Hecho en México" seal from the Secretaría de Economía, recognizing the national production of its panels.

Competitive Landscape of Mexico Bi-facial Solar Market


• Enel Green Power's Magdalena II solar park in Tlaxcala represents a watershed moment, featuring 548,772 bifacial solar panels of 400 watts each technology unique in Mexico that captures solar radiation from both sides of the panel, increasing efficiency by up to 30%. With a capacity of 231.8 megawatts and expected annual production of 535.12 gigawatt-hours, equivalent to the consumption of approximately 450,000 Mexican households, Magdalena II prevents 350,000 tonnes of carbon dioxide emissions annually. The project incorporates 2,240 Huawei inverters of 100 kilowatts with string inverter technology, 47 transformation cabinets of 5 megawatts each, and 6,533 solar trackers that orient panels according to sun position. Italian energy company Enel Green Power has invested $150 million in this project, generating 700 direct jobs in Tlaxcala. Paolo Romanacci, Enel Green Power's Director General in Mexico, emphasized the competitive advantages of Tlaxcala's privileged geographic location and committed workforce.
• Beyond Magdalena II, the project pipeline continues expanding, with the Nicté-Ha photovoltaic park in Quintana Roo proposing 361,800 bifacial solar cells. JA Solar and Mexican distributor Exel Solar have signed a renewal agreement covering JA Solar's full range of modules, particularly TOPCon technology and bifacial models targeted at Mexico's distributed generation market. The National Energy Commission (CNE), established following President Claudia Sheinbaum's March 2025 energy reform decree dissolving the Energy Regulatory Commission (CRE) and National Hydrocarbons Commission (CNH), has granted its first power permit to Dalia Solar for a 155-megawatt photovoltaic plant in Tepeyahualco, Puebla.
• SENER has launched an ambitious call for private sector development of up to 5,970 megawatts of new electrical capacity, with 23 photovoltaic projects and 11 wind projects prioritized across 20 states. Mexico's value chain includes manufacturers such as SOLAREVER Tecnología de América, offering advanced bifacial modules, TOPCon Type N technology, and monocrystalline PERC panels reaching up to 700 watts.
• The "Hecho en México" certification has become a strategic differentiator, with Tonalli Energía Solar leveraging this designation to supply 800 solar panels to public schools, reducing electricity costs by up to 80%. The company also plans to provide solar panels and water extraction equipment to 3,000 agricultural societies across Puebla state. The regulatory transition from CRE to CNE has created both opportunities and uncertainties, with the new commission removing 18 bureaucratic energy procedures to boost efficiency and digitalization, though industry observers note that pending operational rules and inspection unit requirements continue to affect project permitting.

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Canada Market Dynamics



Driver: Utility-Scale Bifacial Project Deployment and Technical Innovation
Mexico's utility-scale solar segment has embraced bifacial technology as the standard for new developments, driven by compelling technical advantages and improved project economics. The Magdalena II solar park's deployment of 548,772 bifacial panels demonstrates the technology's scalability, with efficiency gains of up to 30% compared to conventional panels. The project's 6,533 solar trackers maximize rear-side light capture throughout the day. SENER's projection of surpassing 20 gigawatts of installed solar capacity by 2030, with annual average growth of 20%, underscores the accelerating adoption of advanced bifacial technology across Mexico's renewable energy portfolio. The combination of Mexico's privileged solar radiation of 5.5 kWh per square meter daily and bifacial technology's ability to capture reflected light from both panel surfaces delivers superior energy yields that justify the technology's premium positioning in utility-scale developments.

Challenge: Regulatory Uncertainty and Institutional Transition
Mexico's bifacial solar market confronts significant challenges stemming from the March 2025 energy reform that dissolved the independent Energy Regulatory Commission (CRE) and National Hydrocarbons Commission (CNH), replacing them with a centralized National Energy Commission (CNE). This institutional transition has generated uncertainty reflected in distributed generation applications, with new submissions declining as the regulatory framework undergoes restructuring. Industry experts have noted that the transition from the now-defunct CRE has not been accompanied by the publication of necessary manuals or operating rules, with contracts above medium voltage requiring inspection units that depended entirely on the CRE. SENER and CNE presented a draft regulation in late October 2025 establishing legal and technical frameworks for self-consumption, yet the absence of final operational guidelines continues to delay investment decisions across the bifacial solar value chain.

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Reecha Roy

Reecha Roy

Research Analyst



Trend: Domestic Manufacturing Expansion and Local Content Development
Mexico's bifacial solar market is witnessing an unprecedented domestic manufacturing renaissance, with the country possessing the largest photovoltaic module manufacturing base in Latin America, featuring annual production capacity exceeding 1,217 megawatts. The inauguration of Tonalli Energía Solar's Puebla factory in June 2025, with capacity to produce 200,000 panels annually and supported by MX$325 million in public-private investment, represents the first fully Mexican-owned solar panel manufacturing facility. Governor Alejandro Armenta emphasized that energy development in Puebla represents a long-term state policy rather than a temporary program. The federal government's "Hecho en México" seal, delivered by Secretaría de Economía representative Diana Aurora León Cuadra, recognizes the national production of Tonalli's panels. Mexican manufacturers such as SOLAREVER Tecnología de América have expanded their catalogs to include advanced bifacial modules, TOPCon Type N technology, and monocrystalline PERC panels of up to 700 watts. This domestic build-out reduces dependence on imported components while strengthening Mexico's position in the regional solar manufacturing landscape.

Segment Analysis



Mexico Bi-facial Solar Market by Type
• Dual-glass bifacial modules represent the predominant product architecture in Mexico's utility-scale market, exemplified by Magdalena II's deployment of 548,772 panels manufactured with dual-glass construction. This design provides superior protection against environmental degradation and maximizes rear-side light capture, delivering efficiency gains up to 30% compared to conventional technologies. The Nicté-Ha project in Quintana Roo proposes 361,800 bifacial modules, while the FV Santa Fe project in Guanajuato plans to utilize more than 200,000 bifacial solar panels. Dual-glass bifacial technology's enhanced durability and performance characteristics make it particularly suitable for ground-mounted utility projects in Mexico's diverse climate conditions, from the arid north to the tropical south.
• Glass-backsheet bifacial modules offer a lighter-weight alternative for applications where structural loading is a consideration, though comprehensive reliability data for Mexican installations remains limited. Rancho El 17's photovoltaic installation in northern Mexico, operational since September 2025, incorporates 1,030 bifacial modules of 595 watts from JA Solar. The project demonstrates the growing adoption of glass-backsheet bifacial technology in commercial and industrial applications, where reduced weight compared to dual-glass designs can enable deployments on buildings with lower load-bearing capacity. Mexican manufacturers continue to develop improved backsheet materials that enhance rear-side light capture while maintaining durability for the country's varied climate zones.

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Mexico Bi-facial Solar Market by Cell Technology
• Passivated Emitter and Rear Contact technology remains widely deployed across Mexico's bifacial solar market, with SOLAREVER Tecnología de América manufacturing monocrystalline PERC panels reaching up to 700 watts. The technology's mature manufacturing processes and established supply chains enable rapid deployment across utility-scale and distributed generation applications. PERC bifacial cells benefit from proven reliability and predictable performance characteristics, making them attractive for project developers seeking bankable technology. Mexico's manufacturing capacity exceeding 1,217 megawatts annually includes significant PERC production capabilities serving both domestic and regional markets. The technology's established position in Mexico's solar landscape continues to support the country's ambitious renewable energy targets.
• Tunnel Oxide Passivated Contact technology has emerged as the dominant next-generation cell architecture in Mexico's bifacial market, with JA Solar's distribution agreement with Exel Solar specifically highlighting TOPCon technology and bifacial models for Mexico's distributed generation market. TOPCon modules achieve conversion efficiencies exceeding 24% with bifacial gains surpassing 85%, making them particularly suitable for utility-scale power plants and large commercial installations. Mexican manufacturers such as SOLAREVER have incorporated TOPCon Type N technology into their product catalogs. Industry projections indicate n-type modules including TOPCon are expected to reach 50% to 60% market share by 2030 and 70% to 80% by 2035. The technology's advanced passivated contact structure reduces recombination losses and improves temperature coefficient performance across Mexico's diverse climate conditions.
• Heterojunction technology is establishing a growing presence in Mexico's bifacial market, with manufacturers developing HJT modules featuring double-sided microcrystalline technology achieving conversion efficiencies of 23.7%. Investment case studies for establishing turnkey solar module production lines in Mexico, including facilities in Tijuana, Baja California, specifically address configuring production for different cell technologies including HJT and bifacial formats. HJT's superior temperature coefficient and bifaciality characteristics make it attractive for Mexico's solar-rich regions, where high ambient temperatures can impact conventional cell performance. The technology's open patent system provides expansion opportunities in the Mexican market, where TOPCon and back-contact technologies face potential intellectual property considerations.
• Emerging cell technologies continue to evolve in Mexico's research and development landscape, with manufacturers exploring advanced architectures to enhance bifacial performance. The country's manufacturing base includes capabilities for producing various cell technologies, with domestic manufacturers offering diverse product portfolios. SOLAREVER's catalog includes advanced niche technologies alongside mainstream offerings. Mexico's position as Latin America's largest photovoltaic module manufacturing base provides a foundation for incorporating emerging technologies as they achieve commercial viability. The ongoing domestic manufacturing expansion, exemplified by Tonalli's Puebla facility, creates opportunities for technology diversification and localization of advanced cell production.

Mexico Bi-facial Solar Market by End-User
• The utility-scale segment represents the dominant end-user market for bifacial solar technology in Mexico, driven by landmark projects including Magdalena II's 231.8-megawatt deployment of 548,772 bifacial panels. SENER's call for private sector development of up to 5,970 megawatts of new electrical capacity, with 23 photovoltaic projects prioritized across 20 states, demonstrates the sector's robust growth trajectory. The CNE has granted permits to projects including Dalia Solar's 155-megawatt plant in Tepeyahualco, Puebla. SENER has approved 20 renewable energy projects with private investment of $4,752 million, including 15 photovoltaic projects generating 2,471 megawatts. The Mexican government's technical norms require all new solar or wind parks to incorporate energy storage systems equivalent to 30% of installed capacity with at least three hours of continuous supply, effective March 2025, further strengthening bifacial technology's value proposition in utility-scale developments.
• The commercial and industrial segment represents a rapidly growing application for bifacial technology in Mexico, with Rancho El 17's 613-kilowatt installation incorporating 1,030 bifacial modules from JA Solar. Distributed generation capacity reached 5,189.71 megawatts with more than 600,000 interconnected installations during 2025. SENER's distributed generation data shows cumulative capacity of 4,751 megawatts by the first half of 2025. The distributed generation segment added nearly 990 megawatts of new capacity during 2025, demonstrating strong commercial adoption of solar technology. Bifacial modules are expected to become standard for flat-roof commercial and industrial installations, driven by the technology's ability to capture reflected light from roof surfaces. SENER and CNE's draft regulation establishing legal and technical frameworks for self-consumption is expected to lower barriers for commercial and industrial adoption of rooftop solar.
• The residential segment represents an emerging application for bifacial technology in Mexico, though typical sloped rooftop installations provide limited bifacial gain compared to ground-mounted systems. The Fideicomiso para el Ahorro de Energía Eléctrica installed nearly 1,500 distributed generation solar systems totaling 21 megawatts during 2025. SENER projects that distributed generation capacity could double by 2030 relative to first-half 2025 levels, requiring an additional 4,788 megawatts. Residential solar adoption continues expanding, with Mexico's privileged solar radiation of 5.5 kWh per square meter daily making rooftop installations increasingly attractive. The expansion of the distributed generation limit without permit from 0.5 to 0.7 megawatts facilitates residential and small commercial installations. Tonalli Energía Solar's factory will supply 800 solar panels to public schools, demonstrating the growing residential and institutional demand for solar technology across Mexico. 

Considered in this report
• Historic Year: 2020
• Base year: 2025
• Estimated year: 2026
• Forecast year: 2031

Aspects covered in this report
• Bi-facial Solar Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Dual-Glass Bifacial Solar
• Glass-Backsheet Bifacial Solar

By Cell Technology
• PERC
• TOPCon
• HJT
• Others

By End-User
• Utility-Scale
• Commercial & Industrial
• Residential

Table of Contents

  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Mexico Geography
  • 4.1. Population Distribution Table
  • 4.2. Mexico Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Insights
  • 5.2. Recent Developments
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Supply chain Analysis
  • 5.7. Policy & Regulatory Framework
  • 5.8. Industry Experts Views
  • 6. Mexico Bi-facial Solar Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast, By Type
  • 6.3. Market Size and Forecast, By Cell Technology
  • 6.4. Market Size and Forecast, By End-User
  • 6.5. Market Size and Forecast, By Region
  • 7. Mexico Bi-facial Solar Market Segmentations
  • 7.1. Mexico Bi-facial Solar Market, By Type
  • 7.1.1. Mexico Bi-facial Solar Market Size, By Dual-Glass Bifacial Solar, 2020-2031
  • 7.1.2. Mexico Bi-facial Solar Market Size, By Glass-Backsheet Bifacial Solar, 2020-2031
  • 7.2. Mexico Bi-facial Solar Market, By Cell Technology
  • 7.2.1. Mexico Bi-facial Solar Market Size, By PERC, 2020-2031
  • 7.2.2. Mexico Bi-facial Solar Market Size, By TOPCon, 2020-2031
  • 7.2.3. Mexico Bi-facial Solar Market Size, By HJT, 2020-2031
  • 7.2.4. Mexico Bi-facial Solar Market Size, By Others, 2020-2031
  • 7.3. Mexico Bi-facial Solar Market, By End-User
  • 7.3.1. Mexico Bi-facial Solar Market Size, By Utility-Scale, 2020-2031
  • 7.3.2. Mexico Bi-facial Solar Market Size, By Commercial & Industrial, 2020-2031
  • 7.3.3. Mexico Bi-facial Solar Market Size, By Residential, 2020-2031
  • 7.4. Mexico Bi-facial Solar Market, By Region
  • 7.4.1. Mexico Bi-facial Solar Market Size, By North, 2020-2031
  • 7.4.2. Mexico Bi-facial Solar Market Size, By East, 2020-2031
  • 7.4.3. Mexico Bi-facial Solar Market Size, By West, 2020-2031
  • 7.4.4. Mexico Bi-facial Solar Market Size, By South, 2020-2031
  • 8. Mexico Bi-facial Solar Market Opportunity Assessment
  • 8.1. By Type, 2026 to 2031
  • 8.2. By Cell Technology, 2026 to 2031
  • 8.3. By End-User, 2026 to 2031
  • 8.4. By Region, 2026 to 2031
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

Table 1: Influencing Factors for Bi-facial Solar Market, 2025
Table 2: Mexico Bi-facial Solar Market Size and Forecast, By Type (2020 to 2031F) (In USD Million)
Table 3: Mexico Bi-facial Solar Market Size and Forecast, By Cell Technology (2020 to 2031F) (In USD Million)
Table 4: Mexico Bi-facial Solar Market Size and Forecast, By End-User (2020 to 2031F) (In USD Million)
Table 5: Mexico Bi-facial Solar Market Size and Forecast, By Region (2020 to 2031F) (In USD Million)
Table 6: Mexico Bi-facial Solar Market Size of Dual-Glass Bifacial Solar (2020 to 2031) in USD Million
Table 7: Mexico Bi-facial Solar Market Size of Glass-Backsheet Bifacial Solar (2020 to 2031) in USD Million
Table 8: Mexico Bi-facial Solar Market Size of PERC (2020 to 2031) in USD Million
Table 9: Mexico Bi-facial Solar Market Size of TOPCon (2020 to 2031) in USD Million
Table 10: Mexico Bi-facial Solar Market Size of HJT (2020 to 2031) in USD Million
Table 11: Mexico Bi-facial Solar Market Size of Others (2020 to 2031) in USD Million
Table 12: Mexico Bi-facial Solar Market Size of Utility-Scale (2020 to 2031) in USD Million
Table 13: Mexico Bi-facial Solar Market Size of Commercial & Industrial (2020 to 2031) in USD Million
Table 14: Mexico Bi-facial Solar Market Size of Residential (2020 to 2031) in USD Million
Table 15: Mexico Bi-facial Solar Market Size of North (2020 to 2031) in USD Million
Table 16: Mexico Bi-facial Solar Market Size of East (2020 to 2031) in USD Million
Table 17: Mexico Bi-facial Solar Market Size of West (2020 to 2031) in USD Million
Table 18: Mexico Bi-facial Solar Market Size of South (2020 to 2031) in USD Million

Figure 1: Mexico Bi-facial Solar Market Size By Value (2020, 2025 & 2031F) (in USD Million)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Cell Technology
Figure 4: Market Attractiveness Index, By End-User
Figure 5: Market Attractiveness Index, By Region
Figure 6: Porter's Five Forces of Mexico Bi-facial Solar Market

Mexico Bi-facial Solar Market Research FAQs

A bifacial solar panel captures sunlight on both the front and rear surfaces, generating electricity from direct sunlight and reflected light from the ground or surrounding surfaces, increasing energy yield by 5-15% in tracked systems.

Typical sloped residential rooftop installations do not provide significant bifacial gain, but flat-roof or ground-mounted residential systems with high albedo surfaces can achieve 10-20% energy gains that may justify the higher upfront cost.

The U.S. Inflation Reduction Act provides Investment Tax Credit incentives with domestic content bonuses, while Canada offers federal funding for solar projects and Mexico's distributed generation framework supports bifacial technology adoption.

Bifacial modules perform exceptionally well in cold climates where snow cover increases albedo (ground reflectivity), enhancing rear-side energy capture and improving overall system performance during winter months.

PERC is the established technology with mature manufacturing, TOPCon offers higher efficiency exceeding 24% with superior bifaciality, while HJT provides excellent temperature coefficients and high bifaciality up to 95%.
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Mexico Bi-facial Solar Market Overview, 2031

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