Brazil approves 185.6 MWa of profitable renewables in Might 27 public sale

September 22 (Renewables Now) – Brazil’s energy sector regulator Aneel on Tuesday accepted roughly 185.6 common megawatts (MWa) of renewable tasks that had been profitable within the A-4 tender held on Might 27, 2022.

Approvals have been granted to twenty renewable power schemes that may use wind, photo voltaic, hydro and biomass as gas. The tender awarded energy buy agreements (PPAs) that may start energy provide on January 1, 2026.

Aneel stated that the power contracted is geared toward supplying the demand of native energy distributors Cemig, Coelba and Gentle.

Contracts for hydropower and biomass-fired schemes include a 20-year time period, whereas that for wind and photo voltaic is 15 years.

In all, the tender contracted around 947.9 MW of energy, representing future investments of greater than BRL 7 billion (USD 1.36bn/EUR 1.37bn), the Energy Buying and selling Chamber (CCEE) beforehand stated.

(BRL 1.0 = USD 0.195/EUR 0.196)

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