Brazil cancels only solar and wind auction of 2016

Facebook
Twitter
LinkedIn
Reddit
Email
The Ministry of Mines and Energy (MME) called off its 2nd Reserve Energy Auction after Brazil’s economic woes. Flickr: j.m. ambriola

Brazil has cancelled its only reserve energy auction for wind and solar in 2016, due to an expected power oversupply in the country, according to a Reuters report.

The Ministry of Mines and Energy (MME) called off its 2nd Reserve Energy Auction after Brazil’s economic woes, enhanced by the impeachment of former president Dilma Rousseff, had seen demand for electricity reduce over a period of two years, an MME spokesperson told Reuters.

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

After solar was removed from Brazil’s first reserve auction of 2016 in July, the second auction touted for both wind and solar was then set back to 19 December and has now been removed altogether.

Developers building projects in Brazil’s first ever renewables auction in 2014 have faced their own problems with delays again as a result of a major slump of the Brazilian currency over the last two years.

Read Next

August 28, 2025
Latin America has the potential to unlock billions in clean energy investment if it aligns national policies with global sustainability goals and investor expectations.
August 22, 2025
Polish independent power producer (IPP) R.Power plans to sell a 440MW ready-to-build PV portfolio in its home country.
August 14, 2025
Germany’s federal energy network has awarded 2,271MW of PV capacity in its latest auction for ground-mounted and non-building solar projects.
August 14, 2025
Over 1.4GW of PV capacity has been allocated in the second round of Romania's contracts for difference (CfD) programme.
August 12, 2025
US solar tracker manufacturer Nextracker will supply 1.5GW of its products to a Brazilian solar PV hybrid project portfolio.
August 6, 2025
Independent power producer (IPP) Scatec has secured BRL150 million (US$27 million) for its 142MW solar PV plant in Minas Gerais, Brazil. 

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