The Brazilian government has approved 11 solar projects totalling 530 MW at an average final price of $20.52/MWh. The price of the solar initiatives was the lowest of all the renewable technologies sought by the A-6 auction, followed by wind (1,040 MW at $24.05/MWh), hydropower (445 MW at $38.21/MWh), thermal power based on biomass (229 MW at $45.70/MWh) and thermal power based on gas (734 MW at $45.94/MWh). The projects are scheduled to be operational by the start of 2025. State energy agency the Empresa de Pesquisa Energetica had pre-selected 825 solar projects for participation in the tender, with a total generation capacity of 29.78 GW. In addition, Brazil is also planning a new nuclear plant in Angra do Heroísmo, which will have two reactors with capacity of 1000 MW.
The Brazilian government has approved 11 solar projects totalling 530 MW at an average final price of $20.52/MWh. The price of the solar initiatives was the lowest of all the renewable technologies sought by the A-6 auction, followed by wind (1,040 MW at $24.05/MWh), hydropower (445 MW at $38.21/MWh), thermal power based on biomass (229 MW at $45.70/MWh) and thermal power based on gas (734 MW at $45.94/MWh). The projects are scheduled to be operational by the start of 2025. In addition, Brazil is also planning a new nuclear plant in Angra do Heroísmo, which will have two reactors with capacity of 1000 MW.