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Felleskraft To Build Hydro Stations in Brazil

June 16, 2009 | 3 Comments

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Oslo, Norway [RenewableEnergyWorld.com] Felleskraft AS, a Norwegian hydro and renewable energy investor, has signed an agreement with Brazilian company Welt Clean Energy (Welt) LTDA to build small hydro power stations in Brazil.

Welt is the leader of a consortium of local companies specializing in the energy sector and under the terms of the agreement it will deliver a pipeline of projects (>100MW output) as well as management and execution of the projects locally.

The transaction was arranged via BRC ltd an Anglo-Brazilian investment boutique in London.

The initial focus by Felleskraft AS will be on the execution of several projects known as Pequenas Centrais Hidreletricas (<30MW) in several states. These projects are in the final stages of receiving approval from the appropriate Brazilian regulatory authorities. No terms were released.

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Hydropower

3 Reader Comments

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1 of 3

david-davidson-44395

June 19, 2009

There goes some more rainforest, with its loss comes more climate change to the world and less rainfall to the US southwest with more flooding in the midwest and northeast. Can't somebody do something about the population of Brazil before the whole weather of the earth is changed?

Comment
2 of 3

voiceofreason

June 19, 2009

David's correct, we should stop those Brazilians right now, otherwise they might soon be generating a quarter of the CO2 emission per person per year that the US already does (Brazil 5 tons CO2/year / person, US 25 tons CO2/year / person).
Alternatively, maybe the US could reduce their emissions? - discuss.

Comment
3 of 3

thatsjustmythinking

June 19, 2009

I can't comment about the location of these particular hydro projects in Brazil, but many PCHs are located not in rainforests, but in anthropized (by 100s of years) areas used for cattle grazing or other agricultural purposes. One can argue about that too, of course.

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