Renova SunEdison plan solar panel factory in Brazil – report
August 21 – Brazilian firm Renova Energia SA (BVMF:RNEW11) and US renewables major SunEdison Inc (NYSE:SUNE) intend to install a solar panel factory in Brazil’s Minas Gerais state, reports local newspaper Hoje em Dia.
Brazil’s solar sector will be the most competitive market in the next five years and the partnership with SunEdison is essential because the US major has the latest technology to manufacture solar panels, Luiz Fernando Rolla, chief institutional relations and communication officer at Renova’s parent — electric utility Cemig (BVMF:CMIG4), said as cited by the paper.
Earlier this month, the federal utility announced plans to invest BRL 4 billion (USD 1.1bn/EUR 1bn) in a new solar power plant in Minas Gerais.
In July, Renova announced it had sold clean power assets worth BRL 1.6 billion to TerraForm Global and SunEdison Inc (NYSE:SUNE).
Recommends:
Anker® 14W Dual-Port Solar Charger with PowerIQ™ TechnologyTap into the sun’s radiance and power up your gadgets with freedom.Brilliant power supply. When you’re out enjoying the great outd…
Like have 30000mah Dual USB Portable Solar Panel Power BankLike have 30000mah Dual USB Portable Solar Panel Power Bank…
Levin Dual USB Port 5000mAh Portable Solar Panel Charger for iPhones, Windows and Android PhonesBest Gift Choice
About Levin
Found by a group of 90’s who love life and advocate science. LevinTM devotes to offering gree…
Solar Power Bank
