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Ecuador, Sinohydro in 2 bln dlr power plant deal
Quito (AFP) Oct 5, 2009 Ecuador on Monday inked a deal with China's Sinohydro to build a two-billion-dollar hydroelectric plant in the South American nation, officials said. The 1,500-megawatt facility, to be 85-percent financed by China's Exim Bank, should be Ecuador's biggest when completed, and deliver 60 percent of the Andean nation's power, the Electricity Ministry said. Quito will pay for the other 15 percent of the pricetag with oil sales to China. The site was not immediately identified other than as in the Amazon basin region. Ecuador is struggling to become energy independent, and currently imports from neighboring Colombia. Share This Article With Planet Earth
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French designer to build 'green' houses with Slovenian firmLjubljana (AFP) Oct 5, 2009 French designer Philippe Starck on Monday signed a contract to design prefabricated houses that will be produced and distributed by Slovenian wooden-house producer Riko. "This contract is only the beginning of our collaboration," Janez Skrabec, head of Riko, told journalists after the signing. The first prefabricated house will be completed early next year, with the construction of furth ... read more |
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