Puerto Vallarta News

Puerto Vallarta 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

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA stopped jungle clearing in Xcalacoco near Playa del Carmen after a complaint warned it...
US fugitive arrested in Playa del Carmen

US fugitive arrested in Playa del Carmen

Mexican federal agents detained Otmane Khalladi in Playa del Carmen, a U.S.-wanted suspect accused of...
Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez sealed a sister-city pact to share tourism, culture and...
Playa Mujeres resort plan scrapped as officials step in

Playa Mujeres resort plan scrapped as officials step in

A proposed Playa Mujeres resort near Cancún was canceled after environmental authorities closed the review,...