Investment
China Power International signs contract with Yucatán, Mexico
Seetao 2023-07-20 10:08
  • China Power International has rich practical experience and field advantages in the construction of global green and low-carbon cities
  • The agreement signed by both parties aims to strengthen the project development work of Zuma Company in Yucatán
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Recently, He Qian, chief engineer of State Power Investment New Energy, secretary of the Party Committee and chairman of the Board of Directors of China Power International, met with Governor Morrissey of Yucatán, Mexico, and the delegation at the company headquarters. The two sides jointly witnessed the signing of a cooperation agreement between China Power International and the government of Yucatán, Mexico. Shou Rufeng, member of the Party Committee and Vice President of China Power International, attended the meeting and signing ceremony.

He Yi welcomed Governor Morrissey's visit, thanked the Yucatán government for its strong support in the business development of Zuma Company in Mexico, and introduced in detail the overall situation of China Power International, especially its experience and advantages in photovoltaic, wind power, photovoltaic+new agriculture, photovoltaic+building materials, energy storage industry, green intelligent transportation and international development.

He Qian said that China Power International has accumulated good practical experience in the construction of green, low-carbon and smart cities. The smart city energy solution conforms to the green, low-carbon and environmental protection development concept proposed by the state government. China Power International will actively give play to the advantages of listed companies in Hong Kong in terms of capital operation, industrial upgrading, technology leadership, and talent enrichment, and comprehensively help the Yucatán state government in energy transformation, upgrading, and security.

Governor Morrissey thanked China Power International for its reception, appreciated the achievements of China Power International in renewable energy construction and the enterprise's industrial development planning and deployment, and highly recognized the outstanding contribution made by Mexico Zuma Company in Mexico's energy development. He pointed out that Yucatán has stable society, rapid economic development, rich scenery resources, and perfect legal system. He expected China Power International to invest and start business in Yucatán as soon as possible.

Under the joint witness of the participants, Shou Rufeng, on behalf of China Power International, signed a Memorandum of Understanding on Cooperation with the government of Yucatán. Both parties have clearly strengthened communication and cooperation. The state government will strongly support Zuma Company's project development work in the state, providing support in policy and permit processing, and helping Zuma Company accelerate the development of existing projects.

Yucatán is located in the Yucatán Peninsula in the southeast of Mexico, adjacent to the Gulf of Mexico, and is one of the most important tourist destinations in Mexico. Merida is the capital and largest city of the state, as well as the political, economic and cultural center of Yucatán. Forbes magazine has rated Merida as one of the best cities to live and invest in Mexico three times. The development of Merida zero carbon smart city project includes green Energy development, green power transportation development, etc.Editor/Ma Xue


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