China's SPIC invests $147 million in Brazil wind farms, launches solar parks
SAO PAULO - Chinese electricity company SPIC announced on Wednesday a 780 million reais investment in construction of two new wind farms in Northeastern Brazil, while making its debut in the country's solar sector, with two large parks beginning operations.
New solar parks were inaugurated this week in Piaui and Ceara states, totaling 738 megawatts-peak of power. "These projects demonstrate the appetite we have for Brazil and for renewable energy sources" said CEO Waltrick.
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