Brazil to Invest $ 122 billion into Energy Projects

Brazil is going to invest R$214 billion (U.S.$ 122 billion) to build hydroelectric, solar and wind power projects in the next decade.

Brazil is going to invest R$214 billion (U.S.$ 122 billion) to build hydroelectric, solar and wind power projects in the next decade. As the energy consumption in Brazil is expected to increase at an annual rate of 5.1 percent in the next decade. Edison Lobao, Brazilian Minister of Mines and Energy, talks about the opportunities for the international investors and financing of these projects.

 

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