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

peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Cabo San Lucas water

Puerto Vallarta water outage will hit 40 neighborhoods Friday

CFE maintenance will cut power, limiting water in 40 Puerto Vallarta neighborhoods from 1 p.m....
Playa del Carmen pivots to conscious sustainable tourism

Playa del Carmen pivots to conscious sustainable tourism

Tourism chief Estefanía Hernández says Playa del Carmen is pivoting to sustainability, inclusion and local...
San Miguel de Allende marks Ignacio Allende birthday

San Miguel de Allende marks Ignacio Allende birthday

A civic-military ceremony, procession to Casa de Allende, and downtown parade marked Ignacio Allende’s birthday...