Caixa Creates Label for Sustainable Housing
Wednesday, June 3rd, 2009Caixa Econômica Federal (CEF, popularly known among Brazilians as simply “Caixa”), Latin America’s largest public bank, is already involved in promoting green building though its insistence on construction using certified wood and its concessionary financing for the installation of the solar panels and water heaters in Brazil’s recently announced “My House My Life” Program to […]
R$101 mil. for Small Hydro in Bahia / R$101 milhões para PCH em Bahia
Monday, April 13th, 2009From the Brazilian Development Bank (BNDES): BNDES approves R$ 101 million in financing for Bahia PCH I The directors of the BNDES have approved R$ 101 million in financing for the company Bahia PCH I. The funds will be used to construct a Small Hydroelectric Plant (PCH Sítio Grande), with installed capacity of 25 megawatts […]
BNDES Finances Small Hydropower Expansion
Friday, December 26th, 2008In recent months Brazil’s National Development Bank (BNDES) has been pumping a lot of money into small-scale hydroelectric power (PCH in Portuguese) projects. How much? R$910 million in 15 projects since August for a total new power generation of capacity of 264.5 megawatts (MW). That means by end-2008 BNDES will have 85 PCH projects in […]
Exchanging Refrigerators and Air Conditioners to Combat Climate Change
Monday, July 9th, 2007The Environment Secretariat (SEA) of the Brazilian state of Rio de Janeiro (RJ) recently signed an agreement with a power company (Ampla) to initiate a program of the exchanging old refrigerators and air conditioners for new ones among the state’s poor families. A similar agreement is to be signed with Light, another power provider in […]