Brazil expects wave of solar tenders with national energy auctions

June 4, 2014
Facebook
Twitter
LinkedIn
Reddit
Email

Brazil’s Mines and Energy Ministry (MEM) has announced Brazil’s third national renewables-only tender auction will be held on 10 October, with a strong focus on solar expected.

Bids will be accepted for wind, biomass and solar, with projects coming online 1 October 2017 under 20-year power purchase agreements.

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

The auction is to focus on solar, with Maurício Tolmasquim president of Brazil’s Energy Research Office (EPE) telling local news outlet, Jornal da Energia: “The highlight of this auction will be the entry of large-scale photovoltaic arrays.”

The auction is expecting 2GW of solar power projects and has been modelled to assist and allow time for solar power projects to gain adequate funding, said Tolmasquim.

MEM has also introduced a ‘revolving’ fund to help communities without electricity install solar power.

Also in April, EPE, announced its all-energy 2014 A-5 auction is to be held on 12 September.

The A-5 auction has already attracted 225 solar power projects to register, totalling 6.1GW. The proposed projects will be competing with natural gas, coal plants and wind projects.

Over a thousand projects applied for the all-energy auction of 50.9GW of tenders, with projects to come online by 2019.

Wind and natural gas accounted for 70% of the applications, with over 700 wind projects, totalling 17.4GW, and 36 natural gas plants accounting for 20GW.

Tolmasquim praised the diversity of registered power projects. “I'm not aware of any energy auction in the world that has attracted so many projects. This confirms the attractiveness of this type of auction” he said.

Last year’s A-5 auction received zero solar projects, prompting the Brazilian state of Pernambuco to host the country’s first solar-only tender auction where it approved 122.82MW of solar projects.

Tolmasquim has said on Twitter the government is rationing risks and making it easier for projects to gain funding, encouraging applications.

Brazil has seemingly embraced solar energy, having set a goal of making the forthcoming football World Cup carbon neutral, and installing solar panels on every stadium.

Read Next

March 9, 2026
Spanish independent power producer (IPP) Zelestra has secured a US$176 million green financing package for its 242MWdc Babilonia solar project in Peru. 
March 9, 2026
The latest domestic solar-grade polysilicon transaction prices from the Silicon Industry Branch of the China Nonferrous Metals Industry Association show that all domestic n-type solar-grade polysilicon products have plunged, with steep declines across the board.
March 9, 2026
Swedish thin-film solar manufacturer Midsummer has received a follow-up machinery order worth SEK236 million (US$25.5 million).
March 9, 2026
Renewable energy platform Lyra Energy has reached financial close on its 255MW solar PV project in Thakadu, South Africa.
March 9, 2026
Clean energy advocates have applauded new measures to expand solar and storage capacity in New Jersey and tackle rising energy bills, including a 3GW boost to the state’s community energy programme.
March 9, 2026
Hanwha Qcells has resumed normal production at its solar module assembly plants in the US state of Georgia after some of its products were detained by US customs.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain