Brazil’s Cemig confirms 4.8GW of entries for solar and wind auction

August 16, 2021
Facebook
Twitter
LinkedIn
Reddit
Email
The auction is to take place on 24 August. Image: M.J. Ambriola/Flickr.

Brazilian energy company Cemig has released details of its latest auction for solar and wind, with 4.8GW of installed capacity entering.

The auction is scheduled for the 24 August, with winners to sign contracts for the supply of energy to Cemig for periods between January 2024 and December 2038.

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

These clean power auctions are an initiative by the company to maintain its leadership in the sector, it said, with several auctions having been held since 2018.

Cemig’s wholesale energy purchase and sale superintendent, Marcos Aurélio Alvarenga Pimentel Jr, said the interest for this auction shows the company’s strategy of betting on this type of contract is “quite right”.

“We will have great competition from wind and solar energy projects located in different regions of the country,” he said.

It follows a turbulent period for power auctions in the country, with the renewable-only A-4 as well as the A-6 auctions, the latter of which is open to renewables although not exclusively, delayed due to COVID-19.

Solar was allowed into the A-6 auctions for the first time in 2019, while the average PV tariffs for the A-4 auction in 2019 of BRL67.48/MWh (around US$17.5/MWh) were described at the time as being the cheapest tariff ever achieved by any energy technology in the world.

This was soon beat by Portugal’s solar-only auction, which delivered an even lower €14.76/MWh (US$16.44) one month later.

24 March 2026
Lisbon, Portugal
Returning for its 14th edition, Large Scale Solar Europe is the essential meeting point for solar leaders across Europe. The event brings together developers, IPPs, investors, and policymakers to address critical challenges and accelerate solar’s pivotal role in achieving Europe’s Net Zero by 2050 goals.

Read Next

October 29, 2025
French firms TotalEnergies and EDF, with local partners, secured contracts for 400MW and 600MW solar projects in Saudi Arabia, supporting Vision 2030 renewable goals.
October 28, 2025
GreenYellow plans to invest US$116 million in Poland over the next three years to expand its installed capacity and customer base.
October 28, 2025
GoldenPeaks Capital secures EUR114 million (US$132 million) financing package for two solar PV Portfolio in Poland.
October 28, 2025
Chinese solar inverter producer GoodWe has launched a new “low noise, low weight” string inverter for the European corporate & industrial solar market.
October 28, 2025
Fotowatio Renewable Ventures (FRV) Australia has announced the development of a 210MWdc solar project in New Zealand's Rangitikei District.
October 27, 2025
Chinese engineering firm Shanghai Electric has signed an engineering, procurement, and construction (EPC) contract with independent power producer (IPP) Econergy to build a 342MW solar PV plant in Romania.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany