Atlas Renewable Energy's project in Bahia, Brazil. Source: Atlas Renewable Energy.
The results of the Brazilian A-4 auction yielded a record low solar price of US$17.5/MWh.
The auction attracted record levels of interest with 751 solar projects totalling 26.2GW registering for the tender. In the end, just six were awarded 20-year contracts with an average power purchase agreement (PPA) price of BRL67.48/MWh (US$17.5/MWh).
Just over 200MW of solar capacity was awarded, according to the initial statement from the country’s energy regulator CEEL.
Projects must be connected by January 2023.
PV Tech will feature more coverage on this breaking story on 1 July.
Leading ‘Solar Module Super League’ supplier, JinkoSolar has teamed with experts from TÜV NORD and Soltec to provide as usual a technically driven PV Tech ‘TechTalk’ series webinar to further understand the Tiger PRO modules impact on LCOE metrics. Register free now.
PV Tech is hosting a TechTalk Product Series webinar with LONGi Solar to help PV project developers, asset owners and interested parties become aware of the latest in utility-scale PV panel technology, performance and size that is redefining LCOE metrics.
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability.