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SMI - GERAL Q4 2025
+3.25 % 370.88
=
INCOME RETURN
+2.22 % +
APPRECIATION RETURN
+1.03 %
USD / MXN
0.00 % 17.35
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 4.45 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
-1.78 % 67,976.50 PTS
UDIs
0.00 % 8.84 PTS

In Mexico, Just 1 in 500 Works in Green Energy. Does It Matter for Real Estate?

  • The energy transition is not only redefining the global power matrix: it’s also reshaping employment, industry, and the built environment. As millions of workers shift toward sustainable sectors, the real estate market has begun to absorb that wave—though not without pauses—. Today, only 7% of office buildings and 2% of industrial facilities under construction or in the planning stage are green-certified, a lower share than in previous years. Even so, the opportunity—territorial, labor-related, and structural—is as clear as the sun.

Honda Mexico, led by Yuchi Murata, invested in green energy in 2025. Photo: SiiLA.
Honda Mexico, led by Yuchi Murata, invested in green energy in 2025. Photo: SiiLA.
By: SiiLA News
06/18/2025

The world is switching sources. Not just of energy, but of employment and industrial logic. For the first time in modern history, millions of jobs no longer depend on oil, gas, or coal—but on sun, wind, and biomass.

Currently, only one in every 250 workers worldwide is employed in clean energy, according to the International Renewable Energy Agency (IRENA) and the World Bank. But that minority is growing fast. Between 2021 and 2023 alone, green employment rose at a compound annual rate of nearly 13%—double the pace of the previous six-year period. Today, over 16.2 million people around the world already work in the sector.

Nearly half of these jobs are tied to solar energy. The rest are spread across biofuels, hydro, wind, and lesser-deployed technologies, such as geothermal or ocean energy. Most of these positions aren't created in rural fields, but in factories, workshops, technical offices, and installation centers. And while six out of ten green energy workers are based in Asia—mainly China and India—the Americas contribute two, led by Brazil and the United States, while Europe adds one more. The remainder are in Africa and Oceania.

Mexico is still far from that wave. Only one in 500 jobs in the country is linked to clean energy, according to IRENA and INEGI—eight times lower than in Brazil, where nearly 1.6 million people already work in the sector. Nonetheless, the difference isn't just in scale: while green jobs are transforming entire industrial chains in other economies, in Mexico, they remain the exception.

Even so, the shift is beginning to show on the ground. Over the last six years, 47% of new offices' gross leasable area (GLA) and 7% of new industrial GLA entered the market with some form of environmental certification, according to SiiLA. While these certifications don't guarantee the use of clean energy, they do reflect growing pressure to build more sustainable, efficient spaces—with average energy savings of up to 25%.

Although offices have historically led in sustainable space ratios, it's the industrial sector that's now undergoing the fastest transformation—not just due to rising Class A inventory, but also because of the industries moving in: automotive, electronics, logistics, and capital goods. All demand environmental traceability—not as a bonus, but as a condition for staying in global supply chains.

One clear example is Honda. In March 2025, it signed a deal with Iberdrola to power its Celaya and El Salto plants with wind energy. The goal wasn't just to reduce CO₂ emissions by over 64,000 tons annually, but to ensure that each vehicle produced meets the energy standards required by international markets. Because without clean energy, there's no clean chain. And without a clean chain, there's no market access.

These kinds of decisions don't just alter industrial production logic—they also generate a new demand for physical space to produce, install, and operate clean energy in a country where nearly a quarter of electricity already comes from renewable sources.

At present, nearly 2% of Mexico's industrial GLA—about 1.7 million square meters—is used for power generation. The same is true in the office sector, where over 160,000 square meters—also about 2% of the market—are occupied by energy firms, according to SiiLA Market Analytics.

This is no coincidence. Every new megawatt requires technicians, engineers, operators, and physical space to assemble, install, run, and maintain systems. And that need is only beginning.

According to estimates from IRENA and Mexico's Energy Secretary, an accelerated energy transition could create several hundred thousand additional jobs by 2030. More than a forecast, it's a roadmap for rethinking the country's urban and industrial development.

However, reaching that threshold will require more than just installing panels and turbines. It will require territorial planning, strategic investment, and deep integration across energy, logistics, and industrial hubs. Because this shift is no longer just about energy—it's economic. It's spatial. And that map has already started to take shape.

Where there's sun and wind, there will be jobs. Where there are jobs, there will be construction. And where there is construction, a new productive geography will emerge: cleaner, more connected, more demanding.

Mexico still has a green labor density far below its potential. But that gap isn't a disadvantage—it's a reserve of opportunity. If the country can intelligently catalyze its transition, it could not only multiply its green workforce but make it the anchor of its next industrial cycle.

To follow the contours of the energy transition in commercial real estate, visit SiiLA REsource or contact us at contacto@siila.com.mx.

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ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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Transactions


José Carlos Elizondo leads Voit, which recently added office space at Centro Corporativo del Parque in Insurgentes. Photo: SiiLA.
Voit Changes the Playing Field: Competition Moves Beyond the Point of Sale
Wu Kouyue leads Xusheng Leoch Battery, one of the companies that absorbed the most industrial space in Q1 2026. Photo: SiiLA.
Absorption Falls, Not Demand in Mexico’s Industrial Market

Nearshoring

Hichem Elloumi leads COFICAB, an automotive wiring company, and one of the auto parts firms that absorbed the most industrial space in Q12026. Photo: SiiLA.
Between Importing and Exporting: Mexico Does Not Substitute Auto Parts, It Needs Them to Export
James Li leads Honor, which absorbed space in Hofusan in 2026. Photo: SiiLA.
Hofusan and the Limits of Asia’s Industrial Model in Mexico

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