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Price ceilings set as Brazilian PV sector readies for debut in new-generation auction
Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support. PV bids for 20-year supply deals at the A-6 auction of 18 October will start at BRL209/MWh (around US$52/MWh), energy regulator ANEEL revealed in a statement this week. Solar’s ceiling tariff is more competitive than that faced by hydro (BRL285/MWh) and thermal (BRL292/MWh) bidders for A-6 contracts, but slightly higher than wind’s BRL189/MWh. PV players have displayed significant appetite for a tender they were barred from until this year, tabling in June 29.7GW of all 100GW-plus bids recorded across all energy sources. Those reaping A-6 contracts will have six years to ensure projects are deployed and pumping energy into the grid, with the supply deals set to cover the 2025-2044 period. Solar’s first go at A-6 auctions follows its record-low average tariffs of BRL67.48/MWh (around US$17.5/MWh) at the renewable-only A-4 tender, lauded as a global milestone. Local PV operators have attributed the A-6 inclusion to a policy shift brought about by the rise to power of controversial president Jair Bolsonaro, who has personally steered major solar schemes. Speaking to PV Tech for a recent feature, Rodrigo Sauaia, CEO of Brazilian PV body ABSOLAR, said: “There may be scepticism with climate policy but [Bolsonaro’s] is a liberal government interested in efficiency and competitiveness.” “They’ve come to office with an open mind, to hear what is actually going on and act based on technical knowledge, not political influence,” Sauaia argued, adding that the government opted to include solar in the A-6 auctions because the move would slash tariffs for end consumers. Having doubled installed capacity to 2GW-plus last year, Brazilian PV is poised for further growth as major utility-scale schemes – including Enel's 608MW São Gonçalo solar complex – progress through various development stages.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, solar pv, South america, Latin america, Brazil, jair bolsonaro, ANEEL, São Gonçalo, Absolar, bolsonaro, Rodrigo Sauaia, a-6 auction, tenders
LONGi’s Hi-MO 4 modules to power 50MW project in Vietnam
provided – alongside with its HI-MO X counterpart – to distributed projects in Brazil and other key Latin American markets. The agreement with
Sep 18, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, China, Asia, LONGi, mono perc, hi-mo4, Vietnam, high-efficiency, dlg solar, Mr Dennis She
Stock markets pumped $1.3bn into solar in the last quarter
from local development banks BNDES and BNB for a 765 MW solar portfolio in
Oct 8, 2019 // Markets & Finance News, Mercom Capital Group, bboxx, Raj Prabhu, ReNew Power
Solar Inventions snags global patents for reduced-silver production process
in the European Union as well as 13 added countries, including Australia, Brazil, Canada, Egypt, India, Japan, Korea, Mexico, Saudi Arabia, Taiwan, Turkey,
Dec 14, 2022 // Manufacturing News, USA, China, Asia, North America, Ben Damiani
Grenergy, Amazon Ink PPA For 469 MWp Solar Energy in Spain
Japan, Poland, Singapore, Spain, as well as the united state. It also began in Brazil, India, as well as
Apr 3, 2023 // Markets & Finance News, PPA, Iberdrola, Amazon, power purchase agreement, solar ppa, LyondellBasell, Ayora, Grenergy Renovables SL, Jose Cabrera, long term PPA, Tabernas
Brazil's Claro grows DG portfolio with 25 MWp of new solar plants
Brazilian telecommunications Claro SA has included 25 MWp of solar power to its distributed generation (DG) renewables portfolio with the commissioning of 4 solar photovoltaic or pv (PV) plants.
Jun 3, 2021 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, Claro
Atlas, Hydro Rein to develop 438-MW solar park in Brazil to offer Albras
Albras, the largest manufacturer of key aluminum in Brazil, will be buying electrical energy from a new 438-MW solar power plant to provide its center in the state of Para, it was revealed on Monday.
May 3, 2022 // Plants, Large-Scale, Commercial, South america, Brazil, Solar Park, Atlas, Hydro Rein, Albras
Brazil's BRDE backs 4-MW solar project in Rio Grande do Sul
Brazil's Regional Bank for the Development of the Far South, or BRDE, has approved a BRL-20-million (USD 3.8 m/EUR 3.6 m) credit line to support a 4.3-MW solar power project created by farming and industrial cooperative Cotrijal in the south of the nation.
Mar 8, 2023 // Plants, Large-Scale, Commercial, South america, Brazil, Solar Project, BRDE
Eneva's 671-MW solar complex in Brazil to power White Martins biz
the Futura 1 complex now have self-production sales contracts. Acquired from Brazilian energy company Focus Energia in March 2022, the solar complex is currently
May 11, 2023 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, Eneva, White Martins biz
ReneSola Crosses 20 GW Solar Modules Shipment Mark
of the 20 GW has actually been provided to a solar PV project in southerly Brazil in December 2019. Driven by the international vision as well as dedication to
Mar 16, 2020 // Manufacturing News, Markets & Finance News, pv modules, renesola, International, Sky Wang
Spanish Company Licenses its Patented 'Continuous String' Process
presently has 6 production plants in Spain, Mexico, France, Germany, China and Brazil, and a subsidiary in India. The company makes and also supplies complete
Oct 6, 2021 // Manufacturing News, BATTERIES, Solar Panels, Mondragon Assembly, Basque Country machinery manufacturer
AES declares 7-9% yearly development rate and also upgrades renewables target
a 58MW solar site in the Dominican Republic as well as a 159MW wind farm in Brazil. As well as, since its Q2 revenues contact August, the firm has actually
Nov 5, 2021 // Markets & Finance News, AES, Andres Gluski
Enel to add 43GW of solar by 2030 as part of US$ 191bn strategy
present solar existence covers markets such as Spain, Portugal, Chile, Brazil as well as Mexico, many thanks partly to a collection of successful results in
Nov 24, 2021 // Markets & Finance News, ENERGY STORAGE, Enel, enel green power, energy transition, utility, EnergyStorageEU
Voltalia's electricity manufacturing reaches new high as installed solar capacity leaps 25%.
to additions in markets such as the UK, Portugal, France, Italy and also Brazil as well as the development of its Helexia subsidiary. Voltalia's 2021 profits
Feb 1, 2022 // Markets & Finance News, EPC, France, Voltalia, South america, Europe, Brazil, Independent Power Producer, EnergyStorageEU
AES added 2GW of renewables in 2021, means to exit coal by 2025
to with 859MW of hydro, wind, power storage space and solar from Chile, Brazil as well as Colombia, and also the staying 91MW of solar in Panama and also the
Feb 28, 2022 // Markets & Finance News, USA, PPAs, PPA, financial results, North America, AES, AES Corporation, Fluence, coal exit