Chinese enterprises plan to invest 9.7 billion yuan in renewable energy in the Brazilian state of Mato Grosso

Recently, the government of the state of Mato Grosso announced that Chinese companies will invest 5 billion reais (about 9.
7 billion yuan)
in the renewable energy sector in the state in the next five years.

Chinese enterprises plan to invest 9.
7 billion yuan in renewable energy in the Brazilian state of Mato Grosso

The investments will be used for solar PV and biofuels projects, including two ongoing projects and one under development
.
The state government expects the investment to create more than 2,000 jobs
.

Among the 11 companies interested in investment opportunities in the state, the government mentioned Sepco1 Construcoes do Brasil Ltda
, a branch of China Power Construction Group.
The company is planning to build a photovoltaic power plant
worth 1 billion Brazilian reals (about 1.
94 billion yuan).
Bernardo Nien, executive coordinator of Sepco1, added that the company is also interested in
wind energy development.

Regarding biofuels, the state of Mato Grosso said FS Bioenergia invested about 1 billion reais (about 1.
94 billion yuan) in a second corn ethanol plant, which can produce 680 million liters
per year.

Note: This article uses the real-time exchange rate of 1 Brazilian real = 1.
94 RMB

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