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

puerto vallarta navy shooting

Navy streets lock down after Puerto Vallarta naval shooting

A young man was critically wounded after Navy personnel opened fire outside Puerto Vallarta’s 12th...
Puerto Vallarta whale collision kills local expat

Puerto Vallarta whale collision kills local expat

An American resident dies after a Puerto Vallarta whale collision near Olas Altas Beach, as...
Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...