February 1 (Renewables Now) - Chinese company CED Prometheus will invest USD 330 million (EUR 265.7m) in a 300-MWp solar power plant in Brazil's Mato Grosso state.
The park will be located in the municipality of Chapada dos Guimaraes, supplying clean power for the industrial sector, the local government said on Wednesday during the signature of a memorandum of understanding (MoU) for the project.
The investment in the development, acquisition, engineering and construction of the photovoltaic (PV) project will be 100% private. About 300 direct and indirect jobs will be created in the region.
The project will use the same model of the PV condominium that is being developed in Palmira, Parana state, where more than 150,000 sq m of solar panels will supply energy exclusively to the industrial sector, the government noted.
(USD 1 = EUR 0.81)