12.5GW of Brazilian PV projects to go head-to-head in August auction

Facebook
Twitter
LinkedIn
Reddit
Email

More than 12.5GW of solar PV projects have been given the green light to participate in Brazil's latest round of reserve energy auctions.

The country's Energy Research Company (EPE), announced at the end of last week that 382 PV projects have been accredited, making up 12,528MW of capacity in total, ahead of the tender process taking place on 14 August.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

According to an EPE statement, the total capacity of prospective bidders exceeds the total capacity of a vast 11GW hydro power plant, Belo Monte, being built in the country.

EPE quoted its president as having said the volume of bids was good for consumers as it means the award process is likely to be highly competitive.

Brazil held its first ever PV-only auction late last year, which EPE described as a great success, with projects hitting a low price of US$215 per MWh on average. That auction, which concluded in October 2014, led to the deployment of 31 solar plants, with a combined generation capacity of just under 890MW. It was followed by all-energy auctions in November.

EPE said that this time around, the north-eastern region of Brazil, which enjoys the highest levels of solar irradiance in the country, had the most project proposals, as expected.

Read Next

September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 
September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
Premium
September 12, 2025
Vote Solar's Sean Garren tells PV Tech Premium that Georgia Power's latest IRP is 'skewed so heavily towards fossil fuels'.
September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines