Line of financing will cover 68% of investment in five farms in the Brazilian Northeast. Combined installed capacity will be 139 megawatts.
The energy generation capacity reached 117,135.72 megawatts in Brazil in 2011, with growth of 4% over the previous year.
The hydroelectric power plant should end the year with production of 92.23 million megawatts hour. This is the fourth greatest figure in history of the mill, on the border between Brazil and Paraguay.
The Brazilian electric energy company invested US$ 4.3 billion up to November. The total should reach US$ 4.8 billion by the end of the year.
The demand for energy worldwide will increase by one third from 2010 to 2035. The increase in Brazil will be the second largest, after India’s. In the Middle East, consumption also grows briskly.
The Brazilian minister of Mines and Energy stated that president Dilma Rousseff will decide next year whether the current contracts will be renewed or new auctions will be held.
The country wants to reduce its dependence on imported energy and lower the spending that desalinating seawater entails. For such, a nuclear plant will be built.
The enterprise in Tauá, Ceará, will be inaugurated on Thursday by businessman Eike Batista. 'The sun that used to punish us is now a benefit,’ said the mayor of the city, Odilon Aguiar.
Procable Energy and Telecommunciations, from São Paulo, should open, together with the Japanese Fujikura, a cable production unit in Rio Grande do Sul.
France loaned 45 million euros to the Arab country for financial restructuring and balancing of the local electricity sector.
The estimated investment in expanding the country’s power generation capacity is US$ 119.4 billion until the end of the decade, according to a government survey.
Projects in the area should receive heavy investment over the next five years, according to projections of the Energy Research Company. Most of the funds should go to Northern Brazil.