Mexico’s Nuevo Leon state says China’s Trina Solar to invest up to $1 billion

MEXICO CITY : Chinese solar panel producer Trina Solar will invest between $700 million to $1 billion in the northern Mexican state of Nuevo Leon, the state’s government said in a statement on Monday.

Nuevo Leon Governor Samuel Garcia is in China on an official visit and met with Trina executives on Monday, the statement added, without specifying how Trina planned to carry out the investments or a time frame for them.

Trina did not immediately respond to a request for comment.