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Latest Madeira River Stories

2009-05-14 05:00:00

WASHINGTON, May 14 /PRNewswire-USNewswire/ -- The following was issued today by Amazon Watch: Spain's Banco Santander, which has been facing growing criticism for being a lead financier in a highly controversial dam project in the Brazilian Amazon, recently signed on to the "Equator Principles," a set of socially and environmentally responsible financing guidelines adopted by a growing number of private banks. At the annual meeting of the Equator Banks this week in Washington, D.C.,...

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2008-08-14 09:40:00

Legal challenges and a dispute between construction groups are threatening to delay the construction of a dam in the Amazon approved by Brazil earlier this week. The Brazilian government plans to place two dams on the Madeira River, one of the Amazon River's largest tributaries.  The government sees them as a key to preventing major energy shortages over the next decade. The $13 billion Santo Antonio and Jirau projects are also seen as a major step toward regional integration. They...

2008-07-08 03:00:23

French engineering major Alstom has announced the construction of a hydromechanical equipment plant in the state of Rondonia, Brazil, in a bid to support hydroelectric projects in the northern region of the country, and supply hydromechanical and lifting equipment for projects in the Amazon region. Alstom Hydro has joined forces with Bardella, a Brazilian capital goods company, to create an equal-stake joint venture called Industria Metalurgica e Mecanica da Amazonia (IMMA). IMMA will...

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2006-03-15 00:15:00

By Reese Ewing SAO PAULO, Brazil -- Brazil's plans to dam two rivers in the Amazon basin to generate power threaten a treasure trove of animals and plants in a region with one of the world's richest arrays of wildlife, environmentalists say. The government wants to harness the vast hydroelectric potential of the Madeira and Xingu rivers in multibillion dollar projects meant to boost electricity supply and ward off a repeat of a power crisis that crippled growth in 2001. The government's plans...


Word of the Day
ambsace
  • Bad luck; misfortune.
  • The smallest amount possible or the most worthless thing.
The word 'ambsace' comes from a Latin word meaning 'both'.