December Brazil Energy Auction To Feature 3.6 GW Of Solar PV & 16.42 GW Of Wind Power
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The upcoming A-5 energy auction in Brazil will feature more than 16.42 GW of wind energy and 3.6 GW of solar energy.
The auction has seen a record highest number of applications since the energy tender auctions began in Brazil in 2005, and also a record highest number for solar PV in the auctions. More than 929 power projects have registered to take part in the auction, including 162 solar projects and 670 wind energy projects — with the remaining numbers being from hydro, mini-hydro and biomass, coal, and natural gas plants. The projects as a whole total more than 35 GW of potential energy capacity — successful projects are expected to be online sometime by the year 2018.
With regard to the solar projects, to be specific, 152 of the solar projects are solar PV and the other 10 are solar thermal projects — the solar thermal projects account for around 290 MW of potential capacity. The A-5 auction is currently set to be held on December 13th.
The A-5 auction is the second Brazilian government auction that solar has been approved to participate in. In order to participate, auction participants have to be licensed by Brazil’s Energy Research Company (EPE). The first auction to include solar projects, A-3, is to be held on November 18. Projects from that auction should be completed and online by 2015. That auction includes 2.7 GW of solar PV contracts.
The registration of more than 35 GW worth of new projects brings “great tranquility” to Brazil, with regard to the country’s future energy security, according to the president of EPE, Mauricio Tolmasquim.
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