Brazil contracts 1.5GW of wind

Brazil's wind-only power tender saw 1.5GW of capacity contracted in a competition held today in São Paulo.

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. The tender started with 9GW of wind projects competing.

Most of the wind farms will be located in the northeast region of Brazil. Only four projects have sold energy in the south Log in to read complete article.

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