The plant and the new solar panel factory were announced last Friday by the governor of Paraíba, João Azevêdo
Last Friday, June 11, the governor of Paraíba, João Azevêdo, announced that the state will gain a solar panel factory and a solar power plant. The ventures should move, initially, about R$ 4,17 billion, with a forecast that around 5,1 thousand direct and indirect jobs will be generated. See also: Construction of a wind farm in Paraíba will generate 600 jobs and investments should reach R$ 1 billion
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The new solar panel factory in the state of Paraíba
The initial investment in the new solar panel factory is around R$70 million. According to the company representative, Olavo das Neves, the Paraíba factory will be the largest of its kind in Latin America. The expectation is that 150 solar panels will be produced per year.
The solar panel factory already has 18 square meters of built area and should start receiving production equipment starting next week. “There will be 40 to 50 carts of products that will arrive at the industrial park”, he said.
The operation should start in October, with a work shift. “We must have 100 employees per shift”, stated Olavo Neves. According to him, the expectation is that, shortly, a second round will be started, and perhaps a third. In addition, it is estimated that 3 indirect jobs are generated by the factory. He also said that he is preparing a partnership with the Federal University of Paraíba (UFPB) to offer internships to students of the institution's Renewable Energy course.
New solar plant will be built in Paraíba
The governor of Paraíba, João Azevêdo (Citizenship), also said that the state will receive the “largest and most modern photovoltaic panel factory in South America, used to generate solar energy”. The announcement was made on Twitter, but the details were passed on by him during a live broadcast on Youtube.
According to the governor, the leadership of the company Balfar Solar "represents a strategic investment, which points to the future and consolidates our state as a pole of renewable energy generation, promoting development with sustainability".
The company Rio Alto, which is already present in Coremas, should invest R$ 4,1 billion for the implementation of a new solar power plant in Santa Luzia and São Mamede, with a capacity of 1,6GW (the largest being implemented in the country), enough to supply 1,6 million low-income households.
See also: CSN is negotiating the purchase of a new cement factory in the state of Paraíba
The president of the CSN, Benjamin Steinbruch, confirmed, this Wednesday, that he is negotiating the purchase of Elizabeth Cimento, belonging to the Farallon fund, a cement factory in the state of Paraíba. The deal could range from US$ 200 million to 250 million, according to information from Valor Econômico newspaper.
Steinbruch, President of CSN, said he will keep the market informed about possible developments of this new factory. CSN's management also informed that there is still no binding document for the acquisition.
According to market experts, the acquisition of the cement factory is considered strategic for CSN's cement division, which has plans to go public on the B3, the São Paulo stock exchange. The company has already registered a public offering of shares (IPO, in English) with the CVM, a capital market body.
