Fortaleza, Brazil, 4 July – Chinese company Yingli Solar plans to build a solar panel factory in the Brazilian state of Ceará, with company officials meeting recently with governor Cid Gomes, a spokesperson said in Fortaleza.

According to the president of the Economic Development Agency fo Cerá State, Antônio Balhmann, it has not yet been decided if the factory will actually be built in Ceará, although research is being carried out with that in mind.

Yingli Solar is involved in supplying solar panels to Brazil’s MPX energia, for construction of a solar energy station.

Representing an investment of US$250 million, MPX’s plant, will be the second-largest in the world and the biggest in Latin America producing 50 megawatts of energy once it is concluded in 2011.

The plant will cover an area of 250 hectares, 150 of which will be covered with solar panels and, due to its size, the complex will be visible from space. (macauhub)