- Brazil’s energy research company, EPE says it has registered 428 projects for the year’s 1st Reserve Energy Auction to be held on July 29, 2016
- Out of the 10.2 GW of total power capacity registered, 295 projects offer 9.2 GW of solar power
- The winning projects will enter into contracts for 20-year power supply and will start supplying power as of July 1, 2018
- The country will have its 2nd Reserve Energy Auction on October 28, with the selected projects supplying clear power from solar and wind by July 1, 2019
Brazilian Energy Research Company, Empressa de Pesquisa Energetica (EPE) announced on May 4, 2016 that it had registered 428 projects for the 1st Reserve Energy Auction in 2016 (1 LER 2016), which will take place on July 29. Together these projects represent 10,195 MW of installed capacity, out of which a huge share comes from solar PV with 9,210 MW of power supplied in 295 projects.
Among other clean energy sources, EPE registered 73 small hydro power with 889 MW capacity and 60 central hydropower generation with 96 MW capacity.
Out of the total capacity, 1,593 MW will be located in the province of Bahia, 1,438 MW in Piaui, 1,328 MW in Sao Paulo, 1,220 GW in Mato Grosso do Sul, 987 MW in Minas Gerais, 960 MW, Rio Grande do Norte, 537 MW in Pernambuco, 522 MW in Ceara, 415 MW in Tocantins and 211 MW in Paraiba (see graph).
The projects will now go through the qualification phase. Once awarded, the solar projects will start supplying electricity on July 1, 2018 and will enter into contracts for 20-year power supply.
The 2nd Reserve Energy Auction (2 LER 2016) will be held on October 28, 2016. It will include solar and wind power projects. The projects set up after this auction will start supplying power from July 1, 2019 for next 20 years.