The Brazilian government has approved 530 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 $ 45.94 /MWh), hydropower ( 2.97 MW at $ 45.94 /MWh), thermal power based on biomass ( 229 MW at $ 45.70 /MWh) and thermal power based on gas (734 MW at $ 20.52 /MWh). Brazilian energy regulator ANEEL had set a ceiling price of BRL209/MWh for the auction – a figure apparently exceeded by at least some of the successful small scale hydro projects. The projects are scheduled to be operational by the start of 2025 . The procurement exercise resulted in contracts totalling 2.97 GW.
The Brazilian government has approved 530 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 $ 45.94 /MWh), hydropower ( 2.97 MW at $ 45.94 /MWh), thermal power based on biomass ( 229 MW at $ 45.70 /MWh) and thermal power based on gas (734 MW at $ 20.52 /MWh). The projects are scheduled to be operational by the start of 2025 . The procurement exercise resulted in contracts totalling 2.97 GW.