The project is a joint venture between Cerutti's start-upPure Energy and Italian companies BMS and Regran.
Although Cerutti's projecthas already obtained preliminary approval from federal innovation financingauthority Finep and for fiscal benefits from the Alagoas state government, PureEnergy's administrative director Mariana Seabra said that she doesn't knownwhen the money will start to be disbursed.
The initial plan is to produce 40MW of panels a year andsupply a growing demand for solar power from small- and medium-sized businessesusing imported polycrystalline solar cells.
