Brazil energy regulator qualifies all but one project from November energy auction

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The projects are scheduled to be commissioned by November 2018. Flickr: M.j.Ambriola

Brazil’s energy regulator ANEEL has approved a further nine projects from its 1.5GW Reserve Energy Auction held last November, bringing the total of qualified renewable energy projects to 52 out of the 53 awarded.

In a public meeting held this week, the board of ANEEL decided to approve the next nine projects leaving just one more project awaiting qualification.

Of the 53 projects awarded last November, 26 were qualified earlier in 2016 on 27 January. A further 17 had to have disputes resolved before approval on 3 February this year. The next nine approvals came this week.

All the projects come as part of Reserve Energy Contracts (CER) and are expected to be commissioned by 1 November 2018 under 20-year power purchase agreements.

The November 2015 auction, held by the Brazilian Energy Agency (EPE), involved awards to 33 solar projects (930MW) and 22 wind projects (550MW).

The average price for the solar projects was BRL297.75/MWh (US$74.8), well below the ceiling price of BRL381/MWh set by ANEEL.

The average price for both wind and solar technologies was BRL249/MWh, which was a 15% drop from the ceiling price set by ANEEL.

French solar power producer Solairedirect had the largest number of winning projects with seven plants, followed by four from US firm SunEdison. The solar projects will be located in Bahia, Ceará, Maranhão, Minas Gerais, Paraiba, Pernambuco, Rio Grande do Norte, Tocantins and São Paulo.

The November auction followed on from the 800MW solar-only auction held in Brazil last August, in which 31 PV projects were awarded.

Late last year, Brazil also approved “historic” revisions to its net metering regulations for small-scale renewable energy systems, allowing for 'virtual net metering' and creating new business opportunities for solar consumers pooling together under one system. ANEEL predicts around 1.2 million consumer units will be installed in Brazil by 2024, totaling 4.5GW of installed capacity.

Read Next

PV Tech Premium
September 24, 2021
Concerns have been raised that new measures introduced by Spain’s government to limit windfall profits of renewable energy plants could dent investor confidence and impact the stability of the country’s solar sector.
September 23, 2021
Russian wholesale electricity market administrator JSC ATS has allocated 775MW of solar PV in the country’s eighth auction round for largescale renewables, which had an average price of ₽5.18/kWh (US$0.071/kWh)
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.

Subscribe to Newsletter

Upcoming Events

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