Brazil awards 948 MW of renewable power in latest tender

Brazilian solar park

May 30 (Renewables Now) - Brazil has awarded renewable power supply contracts to projects with a combined capacity of around 947.9 MW in Friday's tender, the Power Trading Chamber (CCEE) announced.

Dubbed A-4, the tender negotiated energy from hydro, wind, solar and biomass-based thermal sources. The contracts signed represent more than BRL 7 billion (USD 1.5bn/EUR 1.4bn) in future investments.

Details on all contracted capacity by source are available in the table below.

Source Number of projects Capacity
Solar 5 166.06 MW
Wind 4 183.09 MW
Biomass 18 409 MW
Hydro 2 189.75 MW

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, 2026.

(BRL 1.0 = USD 0.210/EUR 0.196)

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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.

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