Sky Solar has signed an agreement with the Brazilian city of Sobral to build a 3MW PV plant. Construction work on the project is scheduled to start some time in 2011.
The government of Sobral, which is situated in the state of Ceará, has set aside seven-and-a-half hectares for the R$30 million (US$18 million) development. The new plant will also take advantage of Ceará’s newly-created FIES solar power initiative, which was established last year to help support Brazil’s feed-in tariff.
Neither party has revealed further details of the agreement, but, judging by previous solar projects in the region, Sky Solar are likely to receive between R$500 (US$296) and R$600 (US$356) per MWh of electricity produced.