On November 19, 2020, China Power International Co., Ltd., a subsidiary of State Power Investment Corporation, successfully completed the acquisition of Zuma Energía, a large-scale clean energy platform company in Mexico. This is the first major direct investment of a Chinese power company in the Mexican power market and the largest renewable energy M&A project in Latin America since 2020.

Zuma Energy is a leading clean energy independent power producer in Mexico, focusing on the development, financing, construction and operation of clean energy projects. It currently has 4 new energy power stations in operation with a total installed capacity of 818,000 kilowatts, all of which are located in Mexico. Areas with better resources.

At the end of 2018, SPIC put forward the strategic goal of building a world-class clean energy company with global competitiveness by 2035. Participating in international market competition is the only way for SPIC to realize the "2035 First-Class Strategy". As the main platform for overseas development of SPIC, China Power International is committed to becoming an international clean and low-carbon energy investment platform, an international integrated smart energy development platform, and an international advanced energy technology introduction platform.

As of the end of October 2020, SPIC's installed power capacity reached 165 million kilowatts, and clean energy installed capacity accounted for 53.3%. It is the world's largest photovoltaic power generation company and China's largest integrated energy company with the highest proportion of clean energy. After the acquisition of the new energy project in Mexico, SPIC has an overseas power generation capacity of 6.058 million kilowatts, 70% of which is clean energy, and its overseas business covers 46 countries, including 37 countries along the Belt and Road. Editor/Peng Xue