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Brazil to go with 53 new solar and wind farms

Staff 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.
Brazil wind farm
Green energy   Brazil granted contracts for companies to deliver 548.2 megawatts
Brazil granted contracts for companies to deliver 548.2 megawatts from wind farms and 929.3 megawatt from solar installations with initial deliveries scheduled for November 2018. The government estimates those projects will cost companies some 6.8 billion reais ($1.77 billion).

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.


 

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