Portugal and Venezuela sign Renewable energy deal

Post date: Oct 26, 2010 7:14:28 PM

Chavez believes that renewable energy is the future

Portugal and Venezuela Ink Renewable Energy Deal

Venezuelan President Hugo Chavez

revealed an agreement his nation has made with Portugal in order to bring renewable energy to their shores.

In hopes of strengthening ties with Portugal, diversifying their oil client list, and bringing on the renewable energy, Venezuela has signed an agreement with the European country in a move has surprised some. The deal will have the Portuguese setting up renewable energy projects in Venezuela as a way of boosting their own economy as they try and come out of a recession from last year. Currently, Chavez has said that they are hoping to start four wind projects throughout Venezuela as their way of kicking off the renewable energy revolution in the country. Chavez also said in his statement that the agreement between the two countries would be beneficial to both in the changing global economic environment and because he believes that renewable energy is the future.

source: solarfeeds.com

Related:

Hugo Chávez compra navios, casas pré-fabricadas e computadores em Portugal

cooperação energética

Foi igualmente assinado um memorando de entendimento para a cooperação energética

Outro acordo formalizado prevê a construção, pelo Grupo Lena, de 12.512 habitações sociais e três fábricas pré-fabricadas, um negócio calculado em 682 milhões de euros.

computadores "Magalhães"

De destacar ainda a assinatura de um memorando de entendimento para o fornecimento à Venezuela de mais 1,5 milhões de computadores "Magalhães" nos próximos três anos.

source: oje.pt