Hong Kong based infrastructure firm China Development Integration Limited (CDIL) and state-owned engineering contracting company China Machinery Engineering Corporation (CMEC) have entered into a deal to finance and construct a 1,100-MW solar power complex in Brazil.

The project partners estimate that the project will require a total investment of about USD 1 billion in the form of engineering, procurement, and construction; the additional equity funds will come mainly from China.

The project will be developed in two phases; the first phase of 300 MW will cover an area of 6.6 million sq.m. Whereas the second phase of 800 MW will cover a total area of 11 million sq.m.

As the EPC partner for the project, CMEC will be responsible for engineering design, procurement of local materials and services, project construction, and recruitment. CDIL’s local subsidy China-Brazil Integration Group Ltd will develop the project in Brazil’s Port Acu and other locations.

Professor Liu Cansheng, the Senior Engineer and General Manager Counsellor of CMEC, said, “CMEC is very pleased to have the opportunity to participate in this milestone clean energy project in Brazil; this is the first of a series of projects we are going to jointly execute with CDIL.”

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