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Tuesday, September 6, 2011

Mexico Investment: SunPower Corp. Plans to Build Factory in Mexico

The American solar power company, SunPower Corporation, is taking advantage of the low interest rates in Mexico (and year-around sun) with plans to build a manufacturing plant in Mexicali, Mexico. SunPower Corporation announced on August 5 its plans to own and operate a solar panel manufacturing plant in the state of Baja California, Mexico. The Industrial Development Commission of Mexicali assisted SunPower in choosing the facility location where SunPower has finally decided to build its 320,000 square feet facility. Solar power is becoming more prevalent throughout North America, with opportunities for investment in the energy market ever-expanding.

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