Brazil okays 457.5 MW of renewable projects from Oct 14 tender

Brazil's power sector regulator Aneel approved on Tuesday 457.5 MW of winning renewable energy projects from the A-5 tender held on October 14, 2022.

The approvals were granted to 20 of the 22 winning proposals for wind, solar, hydro, biomass-based power and one waste-to-energy plant.

A-5 finished with around 557.5 MW of capacity, with solar accounting for most of the capacity -- 200 MW across four projects. The awarded schemes represent future investments of some BRL 3 billion (USD 581m/EUR 540m).

As Aneel previously said, power purchase agreements (PPAs) for wind and solar in this tender will have a term of 15 years. Projects for other sources can count on 20 years.

Power supply is set to start on January 1, 2027.

(BRL 1.0 = USD 0.194/EUR 0.180)

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