The Brazilian government has approved 11 solar projects totaling 530 MW at an average final cost of $ 20.52 / MWh . The cost of the solar initiatives was the lowest of all the renewable technologies sought by the A-6 auction , followed by wind ( 210 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 $ 40 / MWh ) . The projects are scheduled to be operational by the start of 2018 . The final average electricity price for solar was BRL84.39/MWh ($20.52), the lowest among the competing technologies. The bidding exercise resulted in contracts totalling 2.97 GW .
The Brazilian government has approved 11 solar projects totaling 530 MW at an average final cost of $ 20.52 / MWh . The cost of the solar initiatives was the lowest of all the renewable technologies sought by the A-6 auction , followed by wind ( 210 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 $ 40 / MWh ) . The projects are scheduled to be operational by the start of 2018 . The bidding exercise resulted in contracts totalling 2.97 GW .