In the last years, chinese companies has founded a range diversity investment opportunities in Brazil. Thus, a millionaire chinese company providing infrastructure construction services called Powerchina group reached an agreement with Brazil to build large solar plants bringing US$307 million to Mato Grosso state. In addition to that, in the next five years different chinese companies are planning to invest more than 5 billion reais (US$1.5 billion) in various power production projects using biomass and solar energy.
The text published in CLBrief recalls that China is one of the world’s main producers of solar panels, where three of the five largest companies in the sector are located. In the 2015 to 2021 period China is expected to account for 36% of the total solar energy production capacity on the planet.
Beyond the Chinese spectacular growth, international agreements can be beneficial for both sides, as it is a path to Sharing R&D, Development Technology, Create jobs and Reduce environmental damage through using renewable resources energy.