Geothermal is a well-established power source in Mexico with significant growth potential

Countries with vast geothermal potential are trying to expand capacity because it is an abundant source of energy and enjoys high capacity factors of 80% on average. This is well ahead of other renewables energy sources, such as solar and wind, with average capacity factors of 14% and 29% respectively.

By the end of 2017 Mexico was the sixth largest country by installed geothermal capacity after the United States, Philippines, Indonesia, Turkey and New Zealand. Across Mexico, geothermal was the 3% of the total energy supply, with significant upside for growth.

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https://www.latamenergyadvisors.com/mexico-a-geothermal-superpower/