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Brazil approves 319.5 MW of winning projects from Oct 18 auction

Atlas Renewable Energy solar plant in Brazil

May 20 (Renewables Now) - Brazil's power sector regulator Aneel approved on Tuesday 319.55 MW of projects that were successful in the A-6 tender held on October 18, 2019.

Four photovoltaic (PV) schemes and one small hydropower plant (HPP) received the green light. The tender awarded power purchase agreements (PPA) to projects that will commence supply on January 1, 2025.

More details on the contracted and now approved capacity are available in the table below.

Project Source Capacity Owner
Graviola 1, 2, 3 and 4 Solar 300 MW Engady Solar Energia SPE Ltda and Powertis SA
Pira Small hydro 19.55 MW Ipira Energia SPE Ltda

Previously, the watchdog okayed 85 out of the 91 winners. In all, the tender contracted more than 250.14 million MWh of power at an average price of BRL 176.09 per MWh (USD 30.6/EUR 28). Wind power was the biggest seller with 44 projects.

(BRL 1 = USD 0.173/EUR 0.159)

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Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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