Abstract:Mexico has abundant renewable energy, which makes its potential of electricity generation huge. Giving priority to the fact that the policy of renewable energy generation is of landmark significance for the development of renewable energy in Mexico, A new law((the “Electricity Law”) of Electricity Industry reforms and opens up the electricity market and structurally changes the pattern of the national electric power industry in Mexico. Although investment in renewable energy has considerable prospect in Mexico, it is still faced with the barriers and challenges in the aspects of economy, technical, system, society and so on. It is of great value for China’s implementation of the “going out” strategy to analyze the new policy on the development of renewable energy in Mexico.