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The venture aims to build and operate four utility-scale power plants in the northeastern state of Bahia, SunEdison said in a statement on Monday.
“[We] will install 106.9 MW of solar power by 2017 as part of contracts awarded by [federal power trade chamber] CCEE,” SunEdison said.
The California-based firm added it would supply solar modules and trackers for the projects, which will be assembled in Brazil. The plants’ construction will be financed by Brazilian development bank BNDES.