Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Chinese Company to Invest $600 MLN in Mexico’s Green Energy

Risen Energy Co expects to invest $600 million on the building of a new 300 megawatt solar photovoltaic power plant in the Mexican state of Durango.

The area is considered to be the world's strongest source of solar irradiation, or the measure of how much solar power is being produced in a location.

According to China's Ministry of Commerce, by the end of last year the entire investment between the two countries had amounted to $610 million.

Risen was given the official go-ahead on the deal by Ningbo Foreign Trade and Economic Cooperation Bureau.

Yuan Jianping, the . . .

Read Full Story

Related Posts

Mexican peso appreciates

Mexican Peso Hits One-Month High Against the Dollar

The Mexican peso reached its strongest level in a month against the dollar, giving travelers...
BCS government keeps talks open with Los Cabos tourist transport operators

BCS government keeps talks open with Los Cabos tourist transport operators

BCS says talks remain open with Los Cabos tourist transport operators as QR rules, permits...
U.S. orders review of Mexico’s 53 consulates

U.S. orders review of Mexico’s 53 consulates

A U.S. review of Mexico’s 53 consulates could affect services used by Mexican citizens and...

Puerto Vallarta Airport Sees Sharper Air Travel Drop

Puerto Vallarta airport logged a third month of falling international passengers, raising questions about air...