Here are the five largest construction projects initiated in Brazil during Q3 2021, according to GlobalData’s construction projects database.
1. Jaiba Sol do Cerrado Solar Power Complex 1357 MW – $1,167m
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The project involves the construction of a 1357MW solar photovoltaic power complex on 5500ha of land in Jaíba, Minas Gerais, Brazil.
Construction work started in Q3 2021 and is expected to be completed in Q3 2023.
The objective of the project is to increase the solar power generation capacity to meet the demand for power in the region.
2. Belmonte 2 Solar Photovoltaic Power Complex 600 MW – $650m
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By GlobalDataThe project involves the construction of a 600MW solar photovoltaic power complex in São José do Belmonte, Pernambuco, Brazil.
Construction work commenced in Q3 2021 and is expected to finish in Q3 2022.
The objective of the project is to increase the solar power generation capacity to meet the demand for power in the region.
3. Pedro Leopoldo Brewery Plant – $345m
The project involves the construction of a brewery plant in Pedro Leopoldo, Minas Gerais, Brazil.
Construction work started in Q3 2021 and is forecast to complete in Q4 2022.
The project aims to produce premium beers in the region and support the company’s growth in the Brazilian market.
4. Serra Branca SSM1&2 Solar Photovoltaic Power Complex 320 MW – $340m
The project involves the construction of a 320MW solar power plant in Serra Branca, Rio Grande do Norte, Brazil.
Construction work commenced in Q3 2021 and is expected to be completed in Q2 2022.
The objective of the project is to increase the solar power generation capacity and meet growing power demand.
5. Serra do Serido Wind Power Complex 214.6MW – $210m
The project involves the construction of a 214.6MW Serra do Seridó wind power complex in Junco do Seridó, Paraíba, Brazil.
Construction work started in Q3 2021 and is expected to be completed in Q4 2023.
The objective of the project is to increase the power generation capacity through renewable sources to meet the growing demand.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
