Brazil accredits 9GW of solar projects for July auction

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
10 states saw solar projects accredited. Flickr: j.m. Ambriola

Brazil’s energy agency EPE has accredited 295 solar PV projects totalling more than 9.2GW of capacity ahead of its reserve energy auction to be held on 29 July.

Of the 10 states that saw solar projects accredited, the top five states for solar accreditations were:

State projects capacity (MW)
Bahia 61 1,593
Sao Paulo 44 1,328
Piaui 42 1,438
Rio Grande do Norte 33 960
Minas Gerais 27 987

EPE also accredited 73 small hydropower plants at 889MW and 60 central hydropower genrations projects at 96MW. However EPE noted that solar power “stood out” in the registering. The projects will now go through a qualification phase.

This the fourth Brazil auction with a category for solar PV, following auctions held in November and August in 2015 and the first major auction in 2014, which resulted in the combined award of around 3GW of solar.

However, developers of the majority of projects awarded in Brazil’s first solar-only tender round in 2014 recently submitted a request to the regulator to delay construction by two years.

Canadian Solar, Renova Energia and four other unnamed developers wrote to Aneel, Brazil’s national electrical energy agency, citing market conditions as the reason for the request.

Read Next

September 8, 2021
Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.
PV Tech Premium
September 1, 2021
Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.
August 17, 2021
Spain will carry out an auction this October for 3.3GW of solar PV and wind capacity as the country’s government aims to speed up renewables deployment in the face of soaring electricity bills.
August 16, 2021
Brazilian energy company Cemig has released details of its latest auction for solar and wind, with 4.8GW of installed capacity entering.
August 11, 2021
Energea Global, a renewable energy investment manager, has announced a US$27 million deal with BTG Pactual to construct a portfolio of solar projects in Brazil.
July 27, 2021
Canadian Solar has closed a BRL500 million (US$100 million) financing facility to develop a Brazilian solar portfolio claimed to be the country’s largest, while also giving it the option to hold built solar assets for longer.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021