- Press Releases
July 9 (Renewables Now) - Brazil has awarded contracts for around 984.71 MW of renewable power capacity in two energy auctions held on July 8, power sector regulator Aneel announced on Thursday.
Dubbed A-3 and A-4, the tenders negotiated energy from wind, solar, hydro and biomass-based thermal sources. The contracts signed represent a total of BRL 4 billion (USD 761m/EUR 642m) in future investments.
Details on the combined contracted capacity are available in the table below.
|Source||Number of projects||Capacity|
The duration of the power purchase agreements (PPAs) awarded by the Brazilian government is 20 years and 30 years, with power supply scheduled to begin on January 1, 2024, and January 1, 2025.
(BRL 1.0 = USD 0.191/EUR 0.161)