Brazil approves 200 wind and biomass projects for April 27 auction

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Brazil approves 200 wind and biomass projects for April 27 auction

The Brazilian federal energy planning company EPE has announced that a total of 201 wind and biomass projects have been approved for the first of six energy auctions in 2015.

The auction was scheduled on 10 April, but Brazil’s Ministry of Mining and Energy delayed the auction until 27 April. During the auction, interested developers will bid on the electricity price to win contracts to sell power to distributors for as long as 20 years.

The maximum bidding prices will be BRL 179 / MWh for wind power projects, and BRL 215 / MWh for biomass projects.

The approved projects include:

  • 172 wind projects, with a total capacity of 3.93 GW
  • 29 biomass projects, with a combined capacity of 322.8 MW

According to sources, a total of 570 proposals have been submitted for the auction, totaling a combined capacity of 14,962 MW. The proposals included a total of 530 wind projects (12,895 MW) and 40 thermal biomass project (2,067 MW).

Share this news