Brazil has awarded renewable power supply contracts to projects with a combined capacity of around 557.5 MW in Friday's tender, the Power Trading Chamber (CCEE) announced.
Dubbed A-5, the tender contracted energy from wind, solar, and hydro as well as energy from solid urban waste and biomass-based thermal sources.
The contracts signed represent close to BRL 3 billion (USD 570m/EUR 586m) in future investments.
Details on all contracted capacities by source are available in the table below.
According to a previous statement, the duration of the power purchase agreements (PPAs) awarded by the Brazilian government is 15 years for wind and solar. The term for other sources is 20 years.
Power supply is scheduled to start on January 1, 2027.
(BRL 1.0 = USD 0.190/EUR 0.195)
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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.