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Brazil's biofuel auction postponed

Shell makes ethanol from sugar cane in Brazil, All rights reserved.

April 7 (Renewables Now) - Brazil's Petroleum, Natural Gas and Biofuels Agency (ANP) announced on Monday it is suspending the second phase of the 72th biodiesel auction.

The agency states that the measure is a result of the economic impact of the international public health emergency caused by the COVID-19 pandemic.

According to ANP, the government will re-evaluate the tender for possible adjustments. Thus, the notice with the current auction's schedule, published on March 12, is suspended, and a new schedule will be released soon.

Recently, Brazil's Ministry of Mines and Energy rescheduled indefinitely its energy and transmission auctions, previously planned for the following months. In all, 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.

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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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