Zuma Energía
Zuma Energía is a Mexican IPP and SPIC subsidiary operating 1.33 GW of solar and wind capacity across 8 plants, selling clean energy to CFE and Mexico's wholesale electricity market. It also offers EV charging, storage, and smart energy solutions.
- Company typePrivate
- Founded2014
- HeadquartersMexico City, Mexico
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Zuma Energía does
Zuma Energía S.A. de C.V. is a Mexican Independent Power Producer (IPP) founded in 2014 and acquired by China's State Power Investment Corporation (SPIC) in 2020 through its subsidiary China Power International Holding (CPIH). The company operates 1.33 GW of installed renewable capacity across eight utility-scale power plants in five Mexican states (Oaxaca, Tamaulipas, Sonora, Chihuahua, and Jalisco), comprising 856 MW of solar capacity across six plants and 474 MW of wind capacity across two farms. Zuma sells over half of its output to Mexico's state-owned Federal Electricity Commission (CFE) and the remainder to private participants in the Wholesale Electricity Market (Mercado Eléctrico Mayorista), positioning it as the #2 private renewable energy producer in Mexico.
The company's core product is utility-scale clean energy generation, with flagship assets including the 424 MW Reynosa wind farm (123 turbines), the 296 MW Potrero solar park (795,600 bifacial panels), the 182 MW Santa María solar park, and the 162 MW Orejana solar park. Beyond generation, Zuma extends its offering through battery energy storage systems, EV charging solutions including battery-swap technology for heavy trucks (75-ton capacity, 5-minute swap, 250+ km range), smart city energy management ecosystems, and customizable colored photovoltaic panels for building integration. A recently activated central generation control center (CCGZE) makes Zuma the second company nationally to consolidate centralized generation control, supporting operational efficiency.
Zuma's revenue model is anchored in long-term power purchase agreements and spot market transactions with CFE and MEM participants, supplemented by hardware sales in EV solutions and battery storage. In 2024, the company sold 3,209,348 MWh of clean energy (48% wind, 52% solar), avoiding 1.5 million+ tonnes of CO2 and powering the equivalent of 1.5 million Mexican households. The B2B direct sales motion targets industrial and manufacturing buyers seeking compliance with sustainability and rules-of-origin requirements. ESG positioning is reinforced through GRI/SASB-aligned reporting, ESR (Empresa Socialmente Responsable) recognition, local supplier development (232+ validated suppliers in 2024), and the 'Hecho en México' government distinction.
Zuma Energía firmographics
Firmographics- Name
- Zuma Energía
- Legal name
- Zuma Energía, S.A. de C.V.
- Website
- https://zumaenergia.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Zuma Energía is a Mexican IPP and SPIC subsidiary operating 1.33 GW of solar and wind capacity across 8 plants, selling clean energy to CFE and Mexico's wholesale electricity market. It also offers EV charging, storage, and smart energy solutions.
- Ownership category
- akta.pro rank
Zuma Energía industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies) (EUACAGAG)
- akta.pro secondary industries
- Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC)
Keywords
Where Zuma Energía is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Offices9 records
Markets served
Zuma Energía business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Wholesale Electricity Market Sales: Sale of clean energy to private companies participating in the Mexican Wholesale Electricity Market (Mercado Eléctrico Mayorista)
- CFE Energy Sales: Sale of over half of total generation to the Federal Electricity Commission (CFE), Mexico's state-owned electricity utility
- EV Solutions and Services: Electric vehicle solutions including trucks, buses, charging infrastructure, and battery swap services
- Battery Storage Solutions: Energy storage systems sales and installation for residential, commercial, industrial, and utility-scale applications
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Zuma Energía product offering
Product offeringCore offering
Zuma Energía is an Independent Power Producer (IPP) that generates and sells utility-scale clean electricity in Mexico through six solar plants (856 MW) and two wind farms (474 MW) totaling 1.33 GW of installed capacity. The company sells the majority of its generation to Mexico's state-owned Federal Electricity Commission (CFE) under long-term power purchase agreements and to private participants in the Mexican Wholesale Electricity Market. Beyond generation, Zuma Energía delivers complementary solutions including battery energy storage systems, EV charging infrastructure with battery-swap technology, smart-city/energy integrated ecosystems, and customizable building-integrated photovoltaic panels.
Product overview
Zuma Energía operates as a clean energy generation company with a portfolio of utility-scale renewable energy assets and distributed solutions. The core offering consists of six solar plants (856 MW) and two wind farms (474 MW) totaling 1.33 GW installed capacity across Mexico. The product portfolio extends through integrated service lines: EV Charging Solutions (battery swap technology, charging infrastructure), Battery Energy Storage Systems, Smart Energy Solutions (smart cities, buildings, microgrids), and Colorful Solar Panels (building-integrated photovoltaics). The company also operates the Jaguar Solar sub-brand portfolio of six plants in Chihuahua. All offerings are unified under SPIC-Zuma branding following SPIC's 2020 acquisition.
Differentiator
Problem solved
Functional benefit
Products and services
- Utility-Scale Clean Energy Generation (Solar & Wind) Generation and wholesale supply of clean electricity from a portfolio of six solar plants (856 MW) and two wind farms (474 MW) for sale to CFE and participants in the Mexican Wholesale Electricity Market. Serves Mexico's National Electrical System through long-term PPAs and bilateral/spot MEM transactions.
- EV Charging Solutions
Quantifiable outcome
- 1.5 million tonnes CO₂ avoided annually
- +6 more outcomes
Companies that use Zuma Energía
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Zuma Energía technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Zuma Energía partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- ICATECH (Instituto de Capacitación para el Trabajo del Estado de Chihuahua)coreZuma Energía and ICATECH renewed their collaboration agreement to continue promoting technical training, employability, and sustainable development in Chihuahua. The partnership offers courses in renewable energy, basic electricity, computing, automotive mechanics, STEM, AI, and solar panel installation. During the first year, 562 people were trained (285 men, 277 women) with a 93% certification rate.
- China Power Complete Equipment Co., Ltd.minorActed as tendering agent for the EPC contract for reconstruction and restoration of 2x1.5MW wind turbines at Ingenio wind farm. Process managed on behalf of Zuma Energía.
- POWERCHINA Jiangxi Electric Power Construction Co., Ltd.minorSelected as winning bidder for EPC contract for reconstruction and restoration of turbines A3.04 and A6.02 at Ingenio Wind Farm.
- SeraphimcoreStrategic alliance for supply and installation of solar modules at Santa María (Chihuahua) and Orejana (Sonora) solar parks. Initial supply of 12 MW in polycrystalline modules with 72 cells (325-330W), with refacciones for compatibility with existing systems. Seraphim is a global Tier 1 solar module manufacturer with 13 GW production capacity.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Zuma Energía competitors and assessment
Company assessmentDirect peers
- Enel Green Power México: Subsidiary of Enel Green Power operating utility-scale solar and wind generation in Mexico as an IPP, selling into CFE and the Wholesale Electricity Market—the same regulatory framework and customer set as Zuma Energía.
- Sempra Infraestructura: Mexican energy infrastructure operator with renewable generation and T&D assets, competing for the same private power generation opportunities and corporate offtake in Mexico.
- Acciona Energía México: Operates utility-scale wind and solar plants in Mexico as part of its global renewables portfolio, comparable in technology mix and grid-integration profile to Zuma.
- Engie México: Operates utility-scale renewable generation assets in Mexico (solar and wind) with corporate and utility offtake, mirroring Zuma's IPP model and customer mix.
- Iberdrola México: One of the largest private renewable energy operators in Mexico with utility-scale wind and solar plants selling via PPAs and to CFE/MEM, making it a head-to-head comparable on installed capacity and offtake structure.
- AES México: AES subsidiary developing and operating renewable generation (solar, wind) and battery storage in Mexico, with comparable IPP exposure to CFE/MEM and adjacent energy storage offering.
Regional players
- Solarig: Iberian-Latin American renewable energy group with utility-scale PV development experience applicable to the Mexican market, comparable in business model and EPC-plus-IPP hybrid profile.
Others
- CFE (Comisión Federal de Electricidad): State-owned utility and Zuma's largest customer/competitor; controls Mexico's grid (CENACE) and owns generation assets, making its policy posture the most important counterparty dynamic for Zuma.
Broad incumbents
- Fluence Energy: Global battery storage platform whose DERMS / utility-scale storage technology overlaps with Zuma's emerging BESS offering (Puerto Peñasco) and supports the storage leg of Zuma's renewable-plus-storage roadmap.
Emerging players
- Cox Energy América: Independent solar developer active in Latin America including Mexico, with utility-scale PV development overlap and shared IPP positioning though smaller in installed capacity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Zuma Energía social profiles
Digital presenceZuma Energía compliance and trust
Trust signalCompliance3 records
Zuma Energía financial estimates
Financial estimateRevenue estimate
Valuation estimate
Zuma Energía leadership team
Management profileNumber of profiles
Profiles5 records
Zuma Energía subsidiaries and ownership
Company hierarchySubsidiaries1 record
Zuma Energía funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Zuma Energía M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Zuma Energía
What does Zuma Energía do?
Zuma Energía is an Independent Power Producer (IPP) that generates and sells utility-scale clean electricity in Mexico through six solar plants (856 MW) and two wind farms (474 MW) totaling 1.33 GW of installed capacity. The company sells the majority of its generation to Mexico's state-owned Federal Electricity Commission (CFE) under long-term power purchase agreements and to private participants in the Mexican Wholesale Electricity Market. Beyond generation, Zuma Energía delivers complementary solutions including battery energy storage systems, EV charging infrastructure with battery-swap technology, smart-city/energy integrated ecosystems, and customizable building-integrated photovoltaic panels.
Is Zuma Energía a public or private company?
Zuma Energía is a private company. It is classified as corporate owned and is currently operating.
When was Zuma Energía founded?
Zuma Energía was founded in 2014. It employs 101 to 250 people.
Where is Zuma Energía based?
Zuma Energía is headquartered in Mexico City, Mexico, in the Latin America region.
How does Zuma Energía make money?
Four revenue lines are on record. Wholesale Electricity Market Sales are the primary driver. The others are CFE Energy Sales, EV Solutions and Services and battery Storage Solutions.
Who are Zuma Energía's main competitors?
Direct peers on record are Enel Green Power México, Sempra Infraestructura, Acciona Energía México, Engie México, Iberdrola México and AES México. Solarig is listed as a regional player. CFE (Comisión Federal de Electricidad) is listed as an others. Fluence Energy is listed as a broad incumbent. Cox Energy América is listed as an emerging player.
Does Zuma Energía have an API?
No public API is recorded for Zuma Energía.
What industry is Zuma Energía in?
Zuma Energía's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUACAGAG, Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies), with a secondary code of EUAMAIAI, Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control). Its NAICS code is 221114 and its SIC code is 4911.