9 GW of solar projects registered for July auction in Brazil

South America
Typography

Brazil’s Power Research Company (EPE) has granted technical accreditation for 295 PV projects with a total capacity of 9.2 GW for the reserve auction which will be held on July 29, according to a press release.

The single largest number of projects approved by EPE are located in Bahia, a total of 61 with a combined capacity of 1.6 GW. 42 accredited projects are located in Piauí, for a total of 1.4 GW. In São Paulo 44 solar projects are located, with a capacity of 1.3 GW and in Mato Grosso do Sul there are 21 projects for a total of 1.2 GW.

There are also accredited projects in the states of Minas Gerais (27 projects totaling 987 MW), Rio Grande do Norte (33 projects, 960 MW) and four other states with less than 600 MW each.

The winning projects in this auction should begin delivering electricity in roughly two years, July 1, 2018. The solar projects will be awarded 20 year contracts to supply electricity.

In addition to the PV projects, in this first 2016 reserve auction contracts for hydroelectric generation will be auctioned. EPE has indicated that it will grant accreditation for 133 hydroelectric projects of different types and with a combined capacity of 985 MW.

This auction is the fourth national auction with a special category for PV projects and the first of two auctions for PV which are scheduled for this year. The other auction with a category for PV, the second reserve auction this year, will be held on October 28. The projects awarded in this second auction will begin supplying electricity in July 2019.

To date three national auctions for solar PV have been held in Brazil and these have awarded contracts for a total of around 3 GW of projects.

 

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