Solar so good for Ningbo-based energy company

A solar energy company from Ningbo, Zhejiang province, is planning the largest ever investment deal between China and Mexico, which company officials say will kickstart further Latin American expansion.

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.