Brazil okays 2 GW from August 31 auction

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

November 19 (Renewables Now) - Brazil's power sector regulator Aneel approved last week 52 green projects with a combined capacity of 1,988.34 MW from the A-6 energy auction held on August 31, 2018.

Overall, 62 power plants on wind, biomass, hydro and natural gas won contracts in the tender, with power supply scheduled to being on January 1, 2024. Details on the newly approved capacity by source are available in the table.

Source Capacity
Wind 1,191.9 MW
Hydro 424.76 MW
Biomass 8.5 MW
Natural gas 363.20 MW

Due to pending documentation, Aneel is withholding the approvals for the remaining ten projects. They include the 29-MW Bela Vista small hydropower plant (HPP), the 4-MW Ouro Branco mini hydro (CGH) scheme, the 20-MW Rio Vermelho biomass plant and seven Ventos de Santa Martina wind projects, each with a capacity of 8.4 MW.

The tender awarded contracts for more than 168 million MWh of power at an average price of BRL 140.87 per MWh (USD 37.61/EUR 32.96), Aneel noted.

(BRL 1 = USD 0.27/EUR 0.23)

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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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