The average price was R$110.51 ($46.32) per MWh.

A total of 66 wind farms have won 20-year power-purchase agreements (PPAs) to be signed with the government.

To build all the wind farms developers will need to invest around R$5.5bn, according to the Brazilian government.

Bids were issued in a range between R$98.50 and R$116.

The identity of the winning developers has yet to emerge.