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Brazil okays 1.16 GW of renewable supply from Oct 18 auction

Wind farm in Brazil. Author: Otávio Nogueira. License: Creative Commons, Attribution 2.0 Generic.

January 14 (Renewables Now) - Brazil's power sector regulator Aneel approved on Monday 58 of the winning projects from the A-6 energy auction held on October 18, 2019, representing a combined capacity of 1,162 MW.

Overall, 91 power plants relying on wind, biomass and hydro won contracts in the tender, with power purchase agreements (PPA) scheduled to commence on January 1, 2025.

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

Source Number of projects Capacity
Wind 39 878.42 MW
Solar 1 30 MW
Biomass 2 74.42 MW
Hydro 16 179.17 MW

Due to pending documentation, Aneel is withholding the approvals for the remaining 33 projects.

The tender awarded contracts for more than 250.14 million MWh of power at an average price of BRL 176.09 per MWh (USD 42.50/EUR 38.16), Aneel noted.

(BRL 1 = USD 0.241/EUR 0.217)

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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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