Engie SPE To Hold RE Auction In Brazil

Jirau Energia To Hold Wind & Solar Energy Auction On October 20, 2021

Engie SPE To Hold RE Auction In Brazil

Jirau Energia will be the offtaker for all solar and wind energy it will contract through the October 20, 2021 auction. (Illustrative Photo; Photo Credit: Thinnapob Proongsak/Shutterstock.com)

  • On October 20, 2021, Jirau Energia of Brazil is to hold a solar and wind energy auction
  • It will be open to companies registered with the CCEE with at least 100 MW minimum capacity operational in the country
  • Projects selected will be expected to supply clean energy between January 1, 2024 to December 31, 2038

A special purpose entity (SPE) of Engie and partners, Energia Sustentável do Brasil SA (ESBR), also known as Jirau Energia in Brazil has plans to hold a renewable energy auction on October 20, 2021 for solar and wind energy capacity. Jirau Energia was set up to implement and operate Jirau Hydroelectric Power Plant.

The auction will be divided into 4 lots, 2 of solar and 2 of wind energy. All the capacity awarded will be contracted to supply clean energy between January 1, 2024 to December 31, 2038. Energy generated will be purchased by Jirau Energia under a power purchase agreement (PPA).

To be eligible to participate in the tender, the interested company must be registered with the Brazilian Electric Power Commercialization Chamber (CCEE). It must have a minimum of 100 MW operational capacity in Brazil.

Interested companies have time till October 5, 2021 to get registered with Jirau Energia. Further details are available on its tender website.

The federal administration of Brazil is to hold A-5 New Energy Auction on September 30, 2021, with solar PV as one of the participating technologies (see Brazil To Hold A-5 New Energy Auction On Sept 30, 2021).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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