The Barra dos Coqueiros wind farm is expected to be commissioned by July 2012. Sinovel will deliver the turbines by December 2011.
"This deal is a good beginning for both Sinovel and Desenvix. It strengthens the green energy presence of Desenvix and opens the door for Sinovel to the Latin American market,” said Lecheng Li, Senior Vice President of Sinovel Wind Group. “With the successful model of the Barra dos Coqueiros wind farm, the whole market is now aware that the wind farm solution from China is not only attractive but feasible.”
Sinovel will to build a manufacturing facility in Brazil to show its strong commitment to this market, the location of which is under investigation, the company said in a written statement.
"The Chinese Dragon is coming; Chinese suppliers are looking to deploy their technologies in the markets in which we're operating..." said Jose Antunes Sobrinho, the president and CEO of Desenvix.
"The relationship between China and Brazil is very important nowadays,” agreed Weidong Zhou, chief director of China Development Bank Corporation in South America. “We would like to see more cooperation between companies from these two countries.”
On a related note, the Chinese state owned company Guodian Corporation plans to invest $100 million in building a wind turbine factory in Brazil. Guodian is the third largest wind energy production in China and the tenth globally.
The company is interested in the states of Ceara and Rio Grande do Sul as potential sites for the installation of wind turbine factory and is trying to find a partner in the country for the project, the company said in a written statement.
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