Hanergy is back on the expansion trail with plans for Brazil fab

Share

José Renato Gomes, Municipal Secretary for Economic Development and Tourism in the Brazilian municipality of Uberaba – in the state of Minas Gerais – has had talks with the CEO of Hanergy Holding Group, Han Rui, and Sales Director Ren Yushi, about an industrial project the Chinese thin-film company intends to build, according to the Brazilian Ministry of Industry, Foreign Trade and Services.

Although the Brazilian government has not disclosed further details, local press report Hanergy is planning a solar thin-film manufacturing facility in Uberaba, and that investment in the project is expected to amount to $1 billion.

Around 400 jobs would be created at the factory, the company said in a meeting with the municipality’s representative, but no time frame for construction was given. The project, say local authorities, would count on their support for logistics and permits, while the state industrial association – the Federação das Indústrias do Estado de Minas Gerais – has promised its cooperation.

Hanergy had announced in 2013 a plan to build a thin-film panel factory in Brazil, in the state of Rio Grande do Sul, but it never came to fruition.

Popular content

Brazil is supporting its domestic solar industry with a regulation that helps PV projects built with locally made modules have access to financing from Brazilian development bank the BNDES. And that scheme could in the near future be expanded to include inverters, pv magazine has learnt.

There are eight operational PV module manufacturers in Brazil. Among them are Chinese-Canadian manufacturer Canadian Solar, which operates a 380 MW factory in Sao Paulo, and Chinese producer BYD, which owns a 280 MW facility in Campinas.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.