Brazil reschedules 2nd phase of biofuel auction

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

April 13 (Renewables Now) - Brazil's Petroleum, Natural Gas and Biofuels Agency (ANP) announced on Friday it has rescheduled for April 15 the previously suspended second phase of the 72th biodiesel auction.

The agency had put the tender on hold as a result of the economic impact of the international public health emergency caused by the COVID-19 pandemic.

The new date was set after a meeting between ANP, the Ministry of Mines and Energy and the country's producers and distributors at which they decided what the minimum percentage for biofuel production and distribution would be.

Last week, the government announced it had indefinitely postponed the energy and transmission auctions planned for 2020. Overall, six events were put on hold, including the new A-4 energy auction, which registered 51,438 MW of hydro, wind, solar and biomass energy projects ready to compete.

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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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