Brazil's Dec 2024 Renewable Energy Tender Guidelines Released
- Get ready for Brazil's renewable energy tenders in December 2024! Secure your spot for hydro, wind, solar, and thermal power projects with long-term power purchase agreements.
Brazil's Ministry of Mines and Energy has released guidelines for renewable energy tenders to be held in December 2024. The auctions, known as A-4 and A-6, will contract hydro, wind, solar photovoltaic (PV), and thermal power, including expansion of existing plants and hybrid solutions. Hydropower scheme capacities are limited to 50 MW.
The tenders will award power purchase agreements (PPA) with terms of 20 years for hydro under the A-6 tender and 15 years for other sources in both A-4 and A-6. A-4 power supply is set to begin on January 1, 2028, while A-6 is scheduled for January 1, 2030. Investors and interested parties can submit projects for registration through the Electric Energy Generation Enterprises Monitoring System (AEGE) tool.
What are the guidelines for Brazil's renewable energy tenders in December 2024?
- The renewable energy tenders in December 2024 in Brazil will include auctions for hydro, wind, solar photovoltaic (PV), and thermal power projects.
- The auctions, known as A-4 and A-6, will also allow for the expansion of existing plants and hybrid solutions.
- Hydropower scheme capacities are limited to 50 MW for the tenders.
- Power purchase agreements (PPA) awarded through the tenders will have terms of 20 years for hydro projects under the A-6 tender and 15 years for other sources in both A-4 and A-6.
- The A-4 power supply is expected to begin on January 1, 2028, while the A-6 power supply is scheduled for January 1, 2030.
- Investors and interested parties can submit their projects for registration through the Electric Energy Generation Enterprises Monitoring System (AEGE) tool.