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Brazil postpones all 2020 energy, transmission auctions

Wind turbines in Brazil. Author: josep. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

March 31 (Renewables Now) - Brazil's Ministry of Mines and Energy announced on Monday it has rescheduled indefinitely its energy and transmission auctions, previously planned for the following months.

The decree published in the Official Gazette is a response to the international public health emergency caused by the COVID-19 pandemic.

Specifically, the government has postponed six events: both the new and existing energy auctions dubbed A-4 and A-6, as well as tenders for transmission lines and those aimed at supplying isolated systems.

The new A-4 energy auction, initially scheduled for May 28, was the only one concerning renewable power. It registered 51,438 MW of hydro, wind, solar and biomass energy projects to compete in the bidding process.

The government stressed that it is not canceling the 2020 auctions, only postponing until the public health situation is normalised.

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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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