Brazil registers 437 MW of renewables for capacity reserve auction

Photo by Steve Jurvetson (Flickr) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

September 16 (Renewables Now) - Brazil's state-owned energy research firm EPE unveiled on Wednesday that 437 MW of renewable sources have been registered for the thermal focused auction planned for December 21, 2021.

The auction will contract projects involving biofuel, sugarcane bagasse, solid urban waste, wood chip and biogas sources as well as natural gas, coal, fuel oil and diesel. Overall, 132 energy projects will compete for a total of 50,691 MW.

Among the clean biomass sources, biofuel is at the top with 269 MW registered. Sugarcane bagasse and solid urban waste come second and third with 80 MW and 45 MW, respectively. Wood chip-based and biogas follow with 25 MW and 18 MW, respectively.

This tender will award power purchase agreements (PPAs) under two distinct models. The first is intended for new generation projects, while the second is for both new and already existing plants.

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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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