Energy

GE signs contract to upgrade vast hydropower facility in South America

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Straddling the border between Brazil and Paraguay, Itaipu commenced electricity production in 1984. The technological upgrades being planned for the site are set to take 14 years.

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GE Renewable Energy has signed a deal that will see it carry out upgrades to the 14 gigawatt Itaipu hydropower plant, a vast facility straddling the border between Brazil and Paraguay.

In a statement earlier this week, GE Renewable Energy said its Hydro and Grid Solutions businesses had signed a contract related to the works, which are set to last 14 years. Paraguayan firms CIE and Tecnoedil will provide support for the project.

Among other things, GE said the upgrades would…



Source cnbc.com

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