Company owner Joachim Fuhrländer, Brazilian energy minister Edison Lobao, the governor of the state of Ceara, Cid Ferreira Gomes, president of state-owned energy company Eletrobrás Jose Costa, and head of network operator Furnas, Flavio Decat took part in the foundation stone laying ceremony.
Within the next five years, the factory is expected to produce 148, 2.5MW turbines with a total value of €450 milion, Fuhrländer said.
Brazil's requirement for part-assembly of modern turbines for wind projects built in Brazil was one of the reasons for building the factory there.
Fuhrländer said: "Our cooperation partners are the state owned Electrobras, Brazil's largest network operator, Furnas, and the renowned bank Banco Minas Gerais. With these partners, Fuhrländer also secures its hospital and computer school projects."
The project could improve the companies fortunes. Only last March 2012 (9th March 2012) it announced plans for a 10% reduction of the 700 jobs world-wide "as a reaction to the international [financial] crisis".