Brazil awarded a contract to build an $11 billion hydroelectric dam in the Amazon to a group led by a state-run utility, ignoring criticism by environmentalists, “Avatar” director James Cameron and construction firms.
Cia. Hidro Eletrica do Sao Francisco, a unit of state-controlled power utility Centrais Eletricas Brasileiras SA, plans to build four plants that generate electricity from biogas as part of a 45 million-real ($23 million) research project.
Cia. Hidro Eletrica do Sao Francisco, a unit of Brazil’s state-controlled power company Centrais Eletricas Brasileiras SA, has started producing power from its first wind farms two months behind schedule.
Brazilian electric regulator plans to sue Companhia Hidro Eletrica do Sao Francisco and ask for a 300 million reais ($148.1 million) compensation for not building transmission lines, the general director of the so-called Aneel said today.