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 . . .