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Published on October 31st, 2014 | by James Ayre

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China-Based Risen Solar Investing $600 Million Into 300 MW Mexican Solar Project

October 31st, 2014 by  


The China-based solar energy company Risen Solar recently announced that it would be investing about $600 million into a soon-to-be-constructed 300 MW solar power plant being developed in Mexico, in a statement to its shareholders.

In the statement, the company — based out of Ningbo, Zhejiang province, China — stated that the 300 MW project will be developed in three separate phases, and located in the Mexican state of Durango.

Risen Solar

The project actually dates all the way back to 2011 — when it was slated to be a 200 MW project — as per letters of intent signed between the Chinese company and the state of Durango.

As per current plans, at least 250 MW of capacity are slated to be online by 2017.

Surprisingly, this is one solar power company that it seems we’ve never written on. But Mexico is a hot and rising solar market.

Related:

Latin America’s Largest PV Solar Plant In The Works In Mexico

Fox Energy, Foxconn Subsidiary, To Supply SunEdison With Solar Modules Manufactured In Mexico

250 MW of Distributed Solar Power to be Developed in Mexico by New Partnership

Latin America’s Largest Distributed Solar Development Will Be Unsubsidized

Commercial Solar Grid Parity Now Reality In Italy, Germany, & Spain

Latin America And Caribbean Region Expected To Install 9 GW Of Solar In 5 Years

Three Reasons Solar Will Outshine Fossil Fuels In Mexico

Image Credit: Risen Solar 
 
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About the Author

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.



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