Brazil to go with 53 new solar and wind farmsStaff writer ▼ | November 17, 2015
The Brazilian government approved on Friday the construction of 53 new solar and wind farms that will add 1.5 gigawatts to its power generation capacity.
Green energy Brazil granted contracts for companies to deliver 548.2 megawatts
In last Friday's auction, companies including Portugal's EDP Renováveis, France's Voltalia and U.S. SunEdison signed contracts to sell energy for 20 years.
Agreed prices for wind generation ranged between 178 reais and 212 reais per megawatt, depending on the locations.
Solar generation was priced between 290 reais to 302 reais. Values will be adjusted according to annual inflation rates during contract period. ■