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Solfium Secures $7 Million to Scale in Mexico as It Pledges $10 Million Solar Plant in Querétaro

The twin moves deepen a state‑backed push to draw private clean‑energy investment into Querétaro’s transition strategy.

Overview

  • Solfium’s $10 million investment in a solar plant in Querétaro was confirmed by state authorities, with estimates of 150 direct and 600 indirect jobs.
  • The company closed a $7 million financing tranche toward a $10 million target to expand in Mexico, led by Accion and ALIVE Ventures with participation from Kamay Ventures.
  • Solfium says its platform ties together installers, suppliers, financiers and logistics to deliver tailored distributed‑solar projects for large companies and their supply chains.
  • Querétaro’s governor framed the project as part of positioning the state as a leader in Mexico’s energy transition, emphasizing legal certainty to attract clean‑energy firms.
  • Local reporting cites plans tied to a 2022 state alliance targeting 125 MW of private‑sector solar by 2027 and notes company‑reported figures of 36,260 panels installed, 25 MW deployed and $28 million in client savings to date.