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 […]