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

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian Hells Angels suspect arrested in Cancún police operation

Canadian fugitive Denis Ivziku was arrested in Cancún in an international case tied to alleged...
San Miguel Wins Global Award for Cleaner City Streets

San Miguel Wins Global Award for Cleaner City Streets

San Miguel de Allende earned the Escoba de Oro for cleaning, recycling and sustainability work...
Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen Markets Could Become Tourist Stops

Playa del Carmen named a market director and committee to improve four municipal markets and...
Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico Tourism Revenue Tops $10B as Los Cabos Stays Key

Mexico’s Q1 tourism revenue topped $10.2 billion as Los Cabos remained one of the country’s...