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

Vallarta residents threaten to dump trash at City Hall

Vallarta residents threaten to dump trash at City Hall

Red Ambiental cut some garbage routes over unpaid bills, and angry Vallarta residents threatened to...
Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

Zapotec Tomb Found in Oaxaca Sheds Light on Ancient Culture

A 1,400-year-old Zapotec tomb uncovered in Oaxaca is well-preserved with murals and carvings, shedding new...
White pelicans return to Texcoco after 15-year absence

White pelicans return to Texcoco after 15-year absence

After 15 years, American white pelicans return to Texcoco’s restored wetlands, a sign Lake Texcoco’s...

National Guard Protects Monarch Butterfly Sanctuary

Mexico has stationed 300 National Guard members in the Monarch Butterfly Biosphere Reserve, teaming with...