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Brazil clears 100 MW of solar projects from Oct 14 tender – EQ Mag

Brazil clears 100 MW of solar projects from Oct 14 tender – EQ Mag

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Brazil’s power sector regulator Aneel approved on Tuesday the remaining winning projects from the A-5 tender held on October 14, 2022, for a combined solar capacity of 100 MW.

The approvals were granted to the Janauba projects each with a capacity of 50 MW.

A-5 awarded around 557.5 MW of wind, solar, hydro, biomass-based power and waste-to-energy schemes. Among the winners, solar energy had a major share with 200 MW across four projects.

Aneel pointed out that the awarded schemes represent around BRL 2.9 billion (USD 560.60m/EUR 517.11m) in future investments.

Under the terms of the auction, wind and solar secured power purchase agreements (PPAs) with a 15-year term, while the other sources have a 20-year period.

Power supply is set to start on January 1, 2027.

(BRL 1.0 = USD 0.193/EUR 0.178)

Source: renewablesnow
Anand Gupta Editor - EQ Int'l Media Network