Brazil okays 457.5 MW of renewable projects from Oct 14 tender
Feb 15, 2023 12:11 PM ET
- Brazil's power field regulator Aneel accepted on Tuesday 457.5 MW of winning renewable resource projects from the A-5 tender held on October 14, 2022.
The approvals were granted to 20 of the 22 winning proposals for wind, solar, hydro, biomass-based power and also one waste-to-energy plant.
A-5 do with around 557.5 MW of capacity, with solar accounting for a lot of the capacity-- 200 MW across four projects. The granted systems stand for future investments of some BRL 3 billion (USD 581m/EUR 540m).
As Aneel formerly stated, power acquisition agreements (PPAs) for wind and also solar in this tender will certainly have a regard to 15 years. Projects for other sources can count on 20 years.
Power supply is set to begin on January 1, 2027.
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