Hydroelectric, New Projects

Brazil hydroelectric power mix to get $56bn in investments by 2022

Brazil’s hydroelectric power grid is expected to receive $56 billion in new investments by 2022, according to Business News Americas.

Vario ECP said in the article that the new projects would total 32 GW of new capacity, bringing Brazil’s installed capacity to 115 GW. According to the article, some of the major projects in Brazil are the 11.2 GW Belo Monte, the 6.1 GW Tapajos, the 3.75 GW Jirau and the 1.82 GW Teles Pires. Belo Monte and Teles Pires are expected to begin operations in 2015 and Tapajos is scheduled for operations in 2017. Jirau is set to begin in February of 2013.

The 3.4 GW Santo Antonio hydro project began operating from two turbines in March, the article said.

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